Steeds meer mensen weten hun weg te vinden naar de sportscholen van Basic-Fit. De fitnessketen zag het aantal abonnementen in de eerste zes maanden van dit jaar fors stijgen.  ( 3 min )

De politie zegt de grootste Nederlandse gebruiker van de criminele handelswebsite Genesis Market te hebben opgepakt. Met die aanhouding denken ze "een grote slag" in het onderzoek te hebben geslagen.  ( 3 min )

Betaald krijgen om stroom te gebruiken, tot voor kort was het ondenkbaar. Maar inmiddels duiken elektriciteitsprijzen vrijwel elk weekend in de min, wat vooral gunstig is voor wie een dynamisch energiecontract heeft. Worden prijzen onder nul voortaan normaal?  ( 4 min )

Betaald krijgen om stroom te gebruiken, tot voor kort was het ondenkbaar. Maar inmiddels duiken elektriciteitsprijzen vrijwel elk weekend in de min, wat vooral gunstig is voor wie een dynamisch energiecontract heeft. Worden prijzen onder nul voortaan normaal?  ( 4 min )

With the S&P 500 about 10% higher than where it stood in February, corporate insiders are behaving as though they believe the market’s upside potential is largely exhausted.  ( 26 min )

(Bloomberg) -- Chinese stocks and the yuan rose sharply after Beijing signaled fresh support for the struggling economy, including further easing of policy curbs in the troubled property sector. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Reco  ( 6 min )

A derivatives transaction execution facility (DTEF) focuses on derivative transactions with underlying assets of excluded commodities or assets.  ( 21 min )

Owner financing involves a seller financing the purchase directly with the buyer. It can offer advantages to both parties.  ( 25 min )

Financial inclusion is the effort to make financial products and services available and affordable to all individuals and businesses.  ( 25 min )

You lose any remaining funds in your flexible savings account at the end of the year. Here is a list of what you can buy with the cash.  ( 22 min )

The Home Mortgage Disclosure Act (HMDA) is a federal law mandating lenders to maintain records on individual mortgages to help reveal whether they are complying with fair housing laws and meeting community needs.  ( 24 min )

There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 21 min )

If you've had a personal check lost or stolen, the best next step is to cancel the check by putting a stop payment order it.  ( 22 min )

Speaking at an event in New York City, FTC Chair Lina Khan addressed the agency’s recent setbacks in court, and suggested that its crackdown against big tech could continue.  ( 18 min )

Effective immediately, most unannounced visits from the IRS will halt, except in rare circumstances.  ( 17 min )

Identity theft isn't covered by the FDIC, so find out what steps you can take to prevent or report this type of consumer fraud.  ( 21 min )

Goldman Sachs and Morgan Stanley have distinct ways of doing business, with one focusing on high rewards and the other on caution.  ( 20 min )

U.S. equities gained after better-than-expected second quarter earnings reports, with the S&P 500 rising 0.4% on Monday, July 24, 2023.  ( 16 min )

Emerging markets like India are engines for future growth. Find out how you can participate.  ( 26 min )

Learn the most commonly selected periods used by traders and market analysts in creating moving averages to overlay as technical indicators on charts.  ( 23 min )

A swimming pool is enormous fun, but will it boost your home's sale price? Here are six home improvements that don't add the value that owners expect.  ( 27 min )

The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter-point on Wednesday, with the real question being what the central bank will do (or not do) to combat inflation for the rest of the year.  ( 18 min )

Identify subtle differences between two excellent investment opportunities, the Vanguard 500 Index Fund and the SPDR S&P 500 ETF.  ( 20 min )

Chevron shares rose after predicting second quarter earnings that beat analysts’ estimates on record production in the Permian Basin.  ( 16 min )

Indexed universal life insurance can help you build wealth and leave a death benefit to your loved ones. However, it has advantages and disadvantages to consider.  ( 27 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

The U.S. Federal Reserve has hit Swiss bank UBS with a $268.5 million fine over "misconduct" by its rival, Credit Suisse, before the two merged in March.  ( 17 min )

Spotify shares slid after announcing plans to raise prices for its premium subscription plans Monday.  ( 16 min )

Shares of Becton Dickinson rose to their highest level since 2020 after the FDA gave 501(k) clearance to Becton Dickinson's updated BD Alaris Infusion System.  ( 16 min )

A home equity loan is one way to pay off your credit card debt. It generally has a lower interest rate, but it can also put your home at risk.  ( 25 min )

Renters can help you cover your mortgage payments, but property location, price, and privacy are just a few of the things to consider when you buy a two-family home.  ( 24 min )

You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )

Among the costs of selling a home, you can expect to pay real estate agent commissions and closing fees plus capital gains taxes if their profit exceeds IRS exclusion limits.  ( 23 min )

More than half of CEOs globally are experimenting with generative AI, algorithms that can generate content using a set of inputs, a joint survey by Fortune and Deloitte found.  ( 18 min )

U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 21 min )

Overconfidence bias is a cognitive bias that can hurt investment returns by leading people to overestimate their knowledge and ignore relevant market information and feedback.  ( 25 min )

Carbon accounting, also known as greenhouse gas accounting, is a way for companies to quantify the amount of greenhouse gases (GHGs) they produce. It is similar to financial accounting, but instead of measuring financial impact, carbon accounting measures a company’s climate impact.  ( 21 min )

AMC Entertainment Holdings shares skyrocketed after the theater chain filed a revised stock conversion proposal, and the releases of "Barbie" and "Oppenheimer" drew big crowds over the weekend.  ( 18 min )

The earnings-fueled stock market rally continued at midday on Monday, July 24, 2023.  ( 17 min )

A fixed-rate mortgage is an installment loan that has a fixed interest rate for the entire term of the loan.  ( 25 min )

Find out how Morningstar ranks and rates investments, and why the Morningstar star system is so heavily influenced by modern portfolio theory (MPT).  ( 20 min )

If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )

Domino's shares rose after reporting better-than-expected earnings, boosted by its overseas business.  ( 16 min )

A pip is the smallest price increment (fraction) tabulated by currency markets to establish the price of a currency pair.  ( 26 min )

Brian Stelter, the special correspondent for Vanity Fair, and the host of The Hive podcast, explains what's really behind the actor and writer strikes facing the entertainment industry, and how artificial intelligence (AI) is changing the industry forever.  ( 18 min )

Mortgage rates have dropped, with reductions across every loan type. The 30-year average has been in a lower yo-yo pattern since hitting a 20-year high two weeks ago.  ( 20 min )

Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 18 min )

Fixed-rate and adjustable-rate mortgages have similarities and differences, depending on your financial needs and prospects.  ( 28 min )

Trading volatility is an interesting idea, but current ETFs and ETNs do a fairly poor job of it.  ( 24 min )

Learn about currencies that are more valuable than the U.S. dollar, as well as which factors contributed to their strength.  ( 31 min )

Worldcoin uses biometric data like facial and iris authentication to create a unique World ID for each user and distinguish them from AI bots.  ( 16 min )

A derivative is a securitized contract whose value is dependent upon one or more underlying assets. Its price is determined by fluctuations in that asset.  ( 29 min )

A bond rating is a grade given to a bond by various rating services. Learn how the major rating services evaluate an issuer's financial strength.  ( 19 min )

The dividend growth rate is the annualized percentage rate of growth of a particular stock's dividend over time.  ( 24 min )

Learn more about the ground lease, an agreement that allows tenants to develop leased land while the landlord typically assumes ownership.  ( 23 min )

Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 19 min )

An investor would sell a put option if their outlook on the underlying was bullish, and would sell a call option if their outlook on a specific asset was bearish.  ( 24 min )

Trade resumption refers to the commencement of trading activities after they have been shut down or halted for some period of time.  ( 21 min )

Annual premium equivalent (APE) is a common sales measure technique used by insurance companies in the United Kingdom.  ( 18 min )

SR-22 'insurance' is a certificate your state may require if your driver's license has been suspended or revoked and you want to get it reinstated.  ( 20 min )

A condominium involves apartment ownership and a percentage of the common areas while a co-op involves buying shares in a corporation that is the building.  ( 25 min )

An in-depth look at car leasing options for those with bad credit or no credit history.  ( 20 min )

Captive value added (CVA) is financial benefits that occur when a corporation creates a captive insurance subsidiary that it owns and operates.  ( 19 min )

It is possible for an insurer to cancel your policy after an accident but unlikely, unless you are a high-risk driver.  ( 19 min )

Paying off your mortgage in a reasonable amount of time can result in financial security and freedom.  ( 19 min )

Home buyers should be sure to find the answers to these 10 important questions before deciding to buy a property. The investigation will give you a sense of what the home you are about to buy is really like.  ( 22 min )

In real estate transactions, trust deeds transfer the legal title of a property to a third party until the borrower repays their debt to the lender.  ( 27 min )

The balance of payments is how a country tracks how much money is coming in and going out. Learn what makes up the balance of payments and how it works.  ( 24 min )

A future purchase option is a feature of an insurance that allows policyholders to increase their insurance coverage annually.  ( 19 min )

A limited common element is an aspect of a condominium unit that remains the property of the condominium community instead of the tenant.  ( 19 min )

Mortgage insurance protects a mortgage lender or title holder if a borrower defaults on payments, dies, or otherwise can't pay the mortgage.  ( 22 min )

Student Aid Index (SAI) is the name for the factor that determines needs-based financial aid—and there have been several changes to the equation.  ( 23 min )

An all-in-one mortgage combines the features of a checking account, a home equity loan, and a mortgage into one product.  ( 22 min )

A mortgage rate is the percentage of interest that is charged on a home loan. The precise rate you get depends on your credit score and is easily calculated.  ( 22 min )

In addition to making nearly everything more expensive, rising inflation can also result in your student loan interest rates increasing.  ( 25 min )

A captive insurance company is an entity that offers risk mitigation services for its parent company or related entities.  ( 22 min )

The U.S. Federal Reserve has hit Swiss bank UBS with a $268.5 million fine over "misconduct" by its rival, Credit Suisse, before the two merged in March.  ( 1 min )

Shares of Becton Dickinson rose to their highest level since 2020 after the FDA gave 501(k) clearance to Becton Dickinson's updated BD Alaris Infusion System.  ( 1 min )

Spotify shares slid after announcing plans to raise prices for its premium subscription plans Monday.  ( 1 min )

AMC Entertainment Holdings shares skyrocketed after the theater chain filed a revised stock conversion proposal, and the releases of "Barbie" and "Oppenheimer" drew big crowds over the weekend.  ( 1 min )

Domino's shares rose after reporting better-than-expected earnings, boosted by its overseas business.  ( 1 min )

Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 1 min )

U.S. equities gained after better-than-expected second quarter earnings reports, with the S&P 500 rising 0.4% on Monday, July 24, 2023.  ( 1 min )

The earnings-fueled stock market rally continued at midday on Monday, July 24, 2023.  ( 1 min )

Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 1 min )

(Bloomberg) -- It’s rare for corporate brands to become so intertwined with everyday conversation that they become verbs. It’s rarer still for the owner of such a brand to announce plans to intentionally destroy it.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled  ( 9 min )

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Wall Street is looking for earnings per share of o$1.73 from sales of $7.9 billion. It reported earnings of $2.48 from sales of $8.8 billion in the year ago quarter.  ( 26 min )

With A.I. posing the most serious threat that Google’s search business has faced in its history, the pressure is on for Alphabet’s CEO to deliver.  ( 8 min )

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See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Shareholders will be looking for comments on lead-sheathed cables and signs the company has stemed subscriber losses.  ( 26 min )

(Bloomberg) -- The Dow Jones Industrial Average is pushing back toward its all-time high, technology shares have surged, sentiment among stock investors is soaring, and recession calls are being scaled back.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )

Stocks rose on Monday as investors bided their time waiting for a crucial week of earnings to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )

Lenders lowered their uninsured deposits by nearly $200 billion after bank failures.  ( 28 min )

(Bloomberg) -- Last year’s plunge in the S&P 500 made uber bear Mike Wilson the most celebrated stock forecaster on Wall Street. It’s a role he has failed to reprise in 2023. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion Pro  ( 8 min )

(Bloomberg) -- Wall Street’s ravenous appetite for government bills is about to be tested once again, as the Treasury is likely to further ramp up the size of oncoming auctions to rebuild its decimated cash buffer.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled  ( 7 min )

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(Bloomberg) -- Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for 30 Courtyard by Marriott hotels, another sign of spreading trouble in commercial real estate.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 7 min )

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FedEx pilots have voted down an upgraded contract that would have raised pay scales by 30%. The post FedEx pilots reject new labor deal appeared first on FreightWaves.  ( 8 min )

Regional lenders are cutting back on some lending to preserve capital.  ( 25 min )

Here's how T-Mobile beat its ‘dumb and dumber’ competitors, according to Yale's Sonnenfeld and Tian.  ( 13 min )

Financial filings with the SEC can be long and dry, but they usually contain information investors should know.  ( 26 min )

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Alphabet will report its Q2 2023 earnings on Tuesday after the market closes.  ( 8 min )

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Stocks rose during midday trading on Monday, as investors bided their time waiting for a crucial week of earnings to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Analysts from Wells Fargo and Deutsche Bank both cited improvements in the PC industry as a key reason behind their increases.  ( 26 min )

Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 18 min )

Spotify raises its ad-free premium subscription price by $1 to $10.99 a month.  ( 26 min )

Since hitting bottom last October, the S&P 500 has bounced back strongly – in fact, it’s up approximately 27% from that trough. A rally of that magnitude meets the definition of a bull market, and some economists are saying we’re experiencing just that. Among the bulls is Cathie Wood who believes that a big shift is taking place. “The market is starting to look to the other side of the interest rate increase and they’re starting to look at inflation which is crumbling,” she noted. The Fed will h  ( 10 min )

(Bloomberg) -- TC Energy Corp. agreed to sell a 40% stake in two US natural gas pipeline networks for $3.9 billion (C$5.2 billion) in cash, a deal that will allow the Canadian company to meet a goal of reducing its debt ahead of schedule.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosO  ( 7 min )

Tesla CEO Elon Musk has blamed the Fed and high interest rates for everything from depressing the economy to shrinking the company’s margins. Now it seems the company is doing something about it.  ( 8 min )

Tesla CEO Elon Musk has blamed the Fed and high interest rates from everything to depressing the economy, to shrinking the company’s margins. Now it seems the company is doing something about it.  ( 8 min )

Mizuho analyst Vijay Rakesh raised his target price on Nvidia but said the growth of artificial intelligence is a tailwind for AMD and Intel too.  ( 26 min )

Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.  ( 8 min )

(Bloomberg) -- SoftBank Group Corp. is setting up an artificial intelligence-oriented warehousing joint venture with Symbotic Inc. and buying more shares in the supply-chain-services company, according to people familiar with the matter. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosO  ( 7 min )

Tesla downgraded, Netflix upgraded: Wall Street's top analyst calls  ( 8 min )

There are many potential problems for Verizon and AT&T arising from lead-sheathed copper telecommunications cables. How ESG investors view the problem is one of them.  ( 29 min )

AMC stock soared on Monday morning as Barbie and Oppenheimer brought moviegoers back to theaters and a plan to convert stock was halted.  ( 40 min )

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A CIO survey reveals that companies are prioritizing AI applications in their spending plans. That also helps explain why Taiwan Semi noted a softening in demand for chips in its earnings report.  ( 26 min )

The company plans J&J plans on exchanging up to 1.5 million shares of Kenvue stock that it owns, for outstanding shares of J&J common stock.  ( 29 min )

The Federal Reserve is expected to raise rates by 0.25% on Wednesday, resuming its aggressive rate hiking campaign in an effort to bring inflation back to its 2% target.  ( 10 min )

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Bitcoin and other cryptocurrencies were falling on Monday ahead of the Fed meeting. Elsewhere, OpenAI CEO Sam Altman celebrated the launch of Worldcoin.  ( 47 min )

The electric vehicle maker's stock is bumped to Neutral from Buy by UBS analyst Patrick Hummel. Full self-driving technology is the next catalyst for the company, he says.  ( 26 min )

With AMC quickly filing a modification of the settlement plan, after it was rejected by a judge Friday. The volatility surrounding the stocks could well be here to stay.  ( 26 min )

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The company plans J&J plans on exchanging up to 1.5 million shares of Kenvue stock that it owns, for outstanding shares of J&J common stock.  ( 29 min )

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Drillers and servicers of ocean wells have climbed ahead of the broader market.  ( 26 min )

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(Bloomberg) -- Listen to Wall Street’s top economists and you’ll hear the same message again and again: The risk of a recession is fading fast. And yet, in the bond market, the traditional warning that a downturn is near — an inversion of the yield curve — keeps getting louder.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWh  ( 8 min )

Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 19 min )

Demand for storage space has waned from the heights of the pandemic, as people return to offices, and some analysts expect more consolidation in the sector. The acquisition reflects Public Storage's continued execution of its opportunistic growth strategy, the company said, adding it will deepen its presence in fast-growing markets.  ( 6 min )

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UPS and the Teamsters union are set to resume talks on a new collective bargaining agreement this week before the current deal expires at the end of July and an August strike looms.  ( 9 min )

Bitcoin and other cryptocurrencies were falling on Monday ahead of the Fed meeting. Elsewhere, OpenAI CEO Sam Altman celebrated the launch of Worldcoin.  ( 36 min )

Johnson & Johnson said on Monday it had launched an exchange offer for its investors to exchange J&J's shares with those of its consumer health unit Kenvue. J&J, which currently owns an 89.6% stake in the consumer health unit, said it intends to split off at least 80.1% of Kenvue's shares as part of the offering.  ( 6 min )

The U.S. housing market could take years to recover from the recent spike in mortgage rates, with property prices expected to fall at least 2.4% next year.  ( 8 min )

The highly shorted AMC common shares were the most traded across all stocks trading before the opening bell at 05:58 a.m. ET, surging 59% to $6.99. A Delaware court judge said on Friday she cannot approve a deal that would potentially provide current shareholders with additional shares worth $129 million as it would also settle potential claims by preferred shareholders who were not represented in the lawsuit. AMC investors had sued the company in February, alleging a plan to convert preferred stock to common stock was enacted to circumvent the will of common stock holders who opposed the issuing of new shares.  ( 7 min )

One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.  ( 7 min )

Stocks nudged higher Monday, as investors bided their time waiting for a crucial week of earnings from Big Techs and others to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )

Stocks nudged up in muted premarket trading Monday, as investors bided their time waiting for a crucial week of earnings from Big Techs and others to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )

Johnson & Johnson said on Monday it had launched an exchange offer for its investors to exchange J&J's shares with those of its consumer health unit Kenvue. J&J, which currently owns an 89.6% stake in the consumer health unit, said it intends to split off at least 80.1% of Kenvue's shares as part of the offering.  ( 6 min )

(Bloomberg) -- Worldcoin, the token of the crypto project co-founded by OpenAI Chief Executive Officer Sam Altman, rallied on its first day of trading on Monday as investors piled into the hype around artificial intelligence. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vi  ( 6 min )

The fanfare around Margot Robbie-starrer "Barbie" could jolt the iconic Mattel doll's sales out of a year-long slump, but Wall Street thinks the party in pink will be short-lived. While Mattel will report second-quarter results on Wednesday, days after the theatrical release of the movie, analysts say the boost for Barbie sales will be most pronounced in the quarter ending Sept. 29 before tapering off. The company will likely get a small cut of the movie's box-office innings, though the biggest benefit is expected to come from toy sales following the marketing blitz around its release.  ( 7 min )

The beast that is Microsoft is still worth a look by investors, despite a hot run in the stock this year.  ( 8 min )

The beast that is Microsoft is still worth a look by investors, despite a hot run in the stock this year.  ( 8 min )

Executives promise ‘the demise of dieting.’ Could we be so lucky?  ( 15 min )

The centerpiece event of the week is the Fed's policy meeting, with the central bank expected to raise interest rates by 25 basis points on Wednesday. A majority of economists polled by Reuters still expect this will be the last increase of the current tightening cycle, after data this month showed signs of disinflation, eliminating the need for the Fed to lift rates further and supporting the thesis that has helped buoy stocks in recent weeks. The tech-heavy Nasdaq has rallied 34% so far this year, outperforming its Wall Street peers, as rate-sensitive megacap growth companies jumped on hopes that the Fed's aggressive rate hike cycle will end soon and optimism over artificial intelligence.  ( 7 min )

Bitcoin will have to remain above US$29,500 to prevent further bearish momentum, industry experts told Forkast.  ( 8 min )

Uninsured deposits are currently around 40% of all U.S. bank deposits–up from only 20% three decades ago.  ( 8 min )

Regulators and academics say some digital asset exchanges inflate trading volumes.  ( 27 min )

Tesla is downgraded to Neutral from Buy by UBS analyst Patrick Hummel. Full self-driving technology is the next catalyst for Tesla, he says.  ( 26 min )

AMC Entertainment files a revised stock conversion proposal, Chevron issues a second-quarter performance update better than expectations, and Tesla shares are downgraded.  ( 27 min )

A downturn in euro zone business activity deepened much more than expected in July as demand in the bloc's dominant services industry declined while factory output fell at the fastest pace since COVID-19 first took hold, a survey showed. HCOB's flash Composite Purchasing Managers' Index (PMI) for the bloc, compiled by S&P Global and seen as a good gauge of overall economic health, dropped to an eight-month low of 48.9 in July from June's 49.9. "The euro zone economy will likely move further into contraction territory in the months ahead, as the services sector keeps losing steam."  ( 6 min )

U.S. stock market futures pointed to small gains at the open on Monday as investors prepare for a busy week of earnings from big technology companies and the Federal Reserve’s monetary-policy meeting. Microsoft and Google-parent Alphabet will kick off the [string of tech earnings](https://www.barro  ( 12 min )

(Bloomberg) -- India rejected Chinese carmaker BYD Co.’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Re  ( 8 min )

(Bloomberg) -- Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to the pain companies are feeling from lower oil and gas prices.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billi  ( 9 min )

(Bloomberg) -- Shares of Country Garden Holdings Co. are expected to drop 35% as liquidity concerns surrounding China’s private builders are unlikely to ease anytime soon, according to JPMorgan Chase & Co. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )

AMC Entertainment CEO Adam Aron said on Sunday the company filed a revised petition for a stock conversion plan to address the Delaware court's concerns over other shareholders. AMC had proposed a plan to allow it to convert preferred stock to common stock and issue millions of new shares. It was sued in February by investors over how the shareholder vote on the plan was conducted.  ( 7 min )

Chinese e-commerce giant Alibaba says it does not plan to sell any shares in its one-third shareholding in financial technology company Ant Group because it wants to retain its stake in an “important strategic partner.” Alibaba Group Holdings said in a filing Sunday that it will not participate in Ant’s share buyback program. Ant, which operates one of China’s leading mobile payments services Alipay, has seen its valuation fall nearly 70% from about $280 billion ($38.9 billion) at the time it was planning an IPO in 2020.  ( 7 min )

Vodafone reported first-quarter group service revenue growth of 3.7% on Monday, driven by a strong performance in Britain, and an improvement in the rate of decline in Germany, Italy and Spain.  ( 6 min )

An electric truck which was previously damaged reignited at Nikola's Phoenix, Arizona headquarters on Sunday afternoon but there were no injuries, the electric-truck maker said.  ( 6 min )

The Amsterdam-based group, a former industrial conglomerate that now focuses on medical technology, reported adjusted earnings before interest, taxes and amortization (EBITA) of 453 million euros ($503.78 million) for the April-June period, above the 394 million euros seen in a company-compiled poll. Its adjusted EBITA margin is now seen at the upper end of its previously forecasted high-single-digit range. Philips, which is facing lawsuits over its recall of respiratory devices, said it had produced approximately 99% of the new replacement respiratory devices and repair kits required for the remediation of the registered affected devices.  ( 7 min )

The next two weeks will bring earnings reports from Microsoft, Meta, Amazon, Alphabet and Apple.  ( 26 min )

Kenvue, spun off from Johnson & Johnson in May, generated $15 billion in sales last year, enough to put it at rank 275 on 2022's Fortune 500 list.  ( 7 min )

Adidas got orders for 4 million pairs across May and June, more than it expected, and it was unable to meet the demand, the FT reported, citing people familiar with the matter. The company said in May it would start selling some of the Yeezy shoes from its defunct partnership with Ye, the rapper formerly known as Kanye West, at the end of May and planned to donate some of the proceeds to organisations fighting antisemitism and racism.  ( 6 min )

U.K. companies are trading at about a 20% discount to global peers, according to Charles Luke, an investment manager at Murray Income Trust. That gives them scope to catch up.  ( 26 min )

(Bloomberg) -- Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance. Instead, they’re only falling further behind.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15  ( 9 min )

The damaged trucks were kept at the company's Phoenix site for "safety monitoring and the ongoing investigations." Nikola last month reported a fire around its headquarters and said it suspects foul play behind the incident that affected multiple trucks but caused no injuries.  ( 39 min )

The plant will have an initial production capacity of 34 gigawatt hours (GWh). "This new facility will contribute to reaching our aggressive target to offer at least 25 new battery electric vehicles for the North American market by the end of the decade," Stellantis CEO Carlos Tavares said in a statement. Stellantis, whose brands include Peugeot, Jeep, Ram, Alfa Romeo, Citroen and Opel, has announced plans to reach 100% electric passenger car sales in Europe and 50% car and light truck electric mix in the U.S. by 2030.  ( 7 min )

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(Bloomberg) -- The cryptocurrency of OpenAI Inc. Chief Executive Officer Sam Altman is set to launch Monday, Semafor reported.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitA breakdown of how the Worldcoin tokens will b  ( 6 min )

(Bloomberg) -- Posco Holdings Inc. shares jumped as much as 24% on Monday, the most on record, extending a July rally on strong quarterly profits and amid frenzied retail buying of stocks related to electric-vehicle batteries. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader V  ( 7 min )

(Bloomberg) -- Equities look primed for early gains Monday as markets open in Japan and Australia, before sentiment turns more cautious when trading gets underway in China.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion Profit  ( 8 min )

SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China's real estate industry fell to around eight-month lows on Monday as repayment concerns at two of the country's biggest developers deepened a crisis of confidence in the sector. Cash shortages at giants Country Garden and Dalian Wanda show funding issues have reached what many hoped were the largest and safest players in a business that once contributed a quarter of China's gross domestic product and is all but frozen. Country Garden shares fell by 8.7% to HK$1.26, an eight-month low and shares in its services arm tumbled 17.9% to HK$7.4.  ( 8 min )

(Bloomberg) -- Oil fell after four weekly gains as traders weighed prospects for another hike from the Federal Reserve against signs of a tighter market.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitWest Texas Intermed  ( 6 min )

(Bloomberg) -- China’s top leaders will fail to deliver big-bang stimulus for the weakening economy this week, economists say, disappointing financial markets seeking strong action to counter the downturn. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )

The oil giant reported higher-than-expected profit in the second quarter.  ( 25 min )

Bitcoin rose on Monday morning in Asia to reclaim the US$30,000 support level. Ether moved higher, while most other top 10 non-stablecoin tokens also gained.  ( 7 min )

(Bloomberg) -- Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group Co. during the Chinese fintech leader’s imminent share buyback, saying it wants to maintain its slice of an important partner.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOi  ( 8 min )

Oil price gyrations following Russia's invasion of Ukraine meant profits of $15.1 billion that Vitol shared with its staff, Bloomberg reported.  ( 7 min )

Vezels van vlas en hennep kunnen de bouw een stuk milieuvriendelijker maken, concluderen onderzoekers van ABN AMRO. Daarvoor moet er wel meer van verbouwd gaan worden, bijvoorbeeld in Oost-Europa.  ( 4 min )

Mensen die voor het eerst een woning kopen, zien de huizen sneller in waarde dalen dan mensen die doorstromen naar een volgend koophuis. Dat komt vooral door de hogere hypotheekrente.  ( 3 min )

Elon Musk verandert Twitter in X. Op de webversie is het vogeltje uit het logo al vervangen door de letter X. Het is de zoveelste plotselinge verandering sinds de overname van het bedrijf door Musk. Merkendeskundigen noemen hem onnavolgbaar.  ( 4 min )

Elon Musk verandert Twitter in X. Op de webversie is het vogeltje uit het logo al vervangen door de letter X. Het is de zoveelste plotselinge verandering sinds de overname van het bedrijf door Musk. Merkendeskundigen noemen hem onnavolgbaar.  ( 5 min )

De Zwitserse bank UBS moet de Amerikaanse en Engelse centrale banken een boete betalen van bijna 400 miljoen dollar. Dat is vanwege het risicovolle gedrag van de overgenomen bank Credit Suisse.  ( 3 min )

De snacksector is het niet eens met de beschuldiging dat snackbars winst maken op plastic verpakkingen. Zij moeten sinds 1 juli een toeslag rekenen aan de klant voor wegwerpplastic. Zien we daardoor bij frituurders ineens meer herbruikbare verpakkingen?  ( 4 min )

De meeste problemen bij statiegeldmachines in supermarkten zijn opgelost. Met een nieuw systeem heeft ontwikkelaar Tomra naar eigen zeggen 90 procent van de overlast bij klanten verholpen. Door een cyberaanval konden consumenten bij een klein deel van de supermarkten hun statiegeldflessen en -blikjes niet kwijt.  ( 3 min )

Muziekdienst Spotify heeft maandag zijn maandprijzen verhoogd. In Nederland betaal je voor een Premium-abonnement voortaan 11 euro per maand. Dat is 1 euro duurder dan voorheen.  ( 3 min )

Sneaker-liefhebbers hebben de afgelopen tijd voor 508 miljoen euro Yeezy-sneakers besteld bij adidas. Het gaat om sportschoenen die over zijn na de breuk tussen het Duitse sportmerk en rapper en modeontwerper Ye, die vroeger Kanye West heette.  ( 3 min )

De schoolvakanties zijn begonnen en dat betekent dat iedereen tegelijk naar de camping of de Spaanse costa wil. We nemen in de zomer gemiddeld zo'n drie weken vrij. Werkgevers en werknemers weten dat in de meeste gevallen goed te regelen.  ( 5 min )

Philips gaat zoveel mogelijk werknemers die in Nederland hun baan verliezen vanwege de reorganisatie begeleiden naar ander werk. Het concern heeft met meerdere bedrijven in de regio Eindhoven contact om medewerkers onder te brengen.  ( 4 min )

Fletcher Hotels moet voortaan duidelijker zijn over de voorwaarden van vouchers die klanten kunnen kopen. Dat meldt toezichthouder ACM, nadat een aantal klanten heeft geklaagd over onverwachte extra kosten bij het gebruik van de voucher.  ( 3 min )

Twitter-eigenaar Elon Musk wil af van het huidige logo van Twitter. De vogel verandert in de letter X. "Binnenkort zeggen we gedag tegen het Twitter-merk", schrijft Musk op zijn account.  ( 4 min )

De Franse autoriteiten zijn eerder dit jaar een onderzoek gestart naar Philips. Het Nederlandse concern zou mogelijk gevoelige informatie over huishoudelijke apparaten hebben uitgewisseld met andere bedrijven en daarmee mededingingsregels hebben overtreden.  ( 3 min )

De schoolvakanties zijn begonnen en dat betekent dat iedereen tegelijk naar de camping of de Spaanse costa wil. We nemen in de zomer gemiddeld zo'n drie weken vrij. Werkgevers en werknemers weten dat in de meeste gevallen goed te regelen.  ( 4 min )

Chevron Corp's second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also signaled the number two U.S. oil company remains open to more acquisitions and to increasing shareholder distributions this year. In a rare preview of its results that coincided with the announced retirement of its finance chief, Chevron disclosed a $6 billion net profit in the quarter ended June 30. While that profit is almost half of the record profit in the same period last year, the $3.08 a share adjusted profit beat Wall Street's $2.97-a-share consensus estimate.  ( 7 min )

"Yesterday we along with the plaintiffs, filed with the Delaware Court, a modification of the legal release surrounding the settlement of the Delaware litigation in an effort to address the Court's voiced concern," AMC CEO Adam Aaron said in a letter to investors. He emphasized raising capital for the company's survival and said "to protect AMC's shareholder value over the long term, we MUST be able to raise equity capital." Aaron also mentioned that in a March 14 special election a majority of the AMC common shareholders and preferred shareholders supported his views on the stock conversion.  ( 7 min )

(Bloomberg) -- Chevron Corp. posted better-than-expected earnings as output in the Permian Basin soared to a record and the oil giant said it waived the mandatory retirement age for Chairman and Chief Executive Officer Mike Wirth.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trade  ( 8 min )

(Bloomberg) -- A few years ago, top investment bankers at Goldman Sachs Group Inc. wouldn’t even bother picking up phone calls from recruiters at smaller rivals. This year, managers at Jefferies Financial Group Inc., Evercore Inc. and PJT Partners Inc. say they’ve been inundated with CVs from the likes of Goldman, Barclays Plc and Credit Suisse.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally Bela  ( 13 min )

Production in the Permian Basin rose 11% from the second quarter last year, Chevron said on Sunday. The oil major also announced a new CFO.  ( 26 min )

The union says a key pension and benefits fund agreed to maintain healthcare coverage after debt-laden Yellow missed a monthly contribution.  ( 25 min )

(Bloomberg) -- AMC Entertainment Holdings Inc. has revised a stock-conversion proposal after a surprise court ruling scuttled an earlier version of the plan and caused the movie-theater chain’s shares to jump. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Aver  ( 8 min )

U.S. trucking firm Yellow averted a threatened strike by 22,000 Teamsters-represented workers on Sunday, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals. "Agreement by the Central States at the urging of the Teamsters gives Yellow 30 days to pay its bills with the understanding the company will do so within the next two weeks," Teamsters union said on Sunday. Yellow is the third-biggest U.S. trucking company specializing in the less-than-truckload segment that combines shipments from different customers in the same trailer.  ( 7 min )

Craftsman's effort to create a highly-automated factory for tool production in Fort Worth, Texas, came to an end earlier this year when the facility was shutdown.  ( 9 min )

(Bloomberg) -- Chevron Corp. reported second-quarter earnings of $6.01 billion, beating analyst estimates.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe figures, while down 48% from the same period last year, topped  ( 7 min )

U.S. oil major Chevron Corp on Sunday said Pierre Breber, vice president and chief financial officer, will retire from Chevron in 2024 and named current chief technical officer Eimear Bonner as his successor from March 1, 2024. Chevron's independent directors waived the company's mandatory retirement age of 65 for its chairman and chief executive officer, Mike Wirth, who will turn 63 later this year, the company said.  ( 6 min )

For the June quarter, analysts expect the pizza chain's same-store sales to come in 1% higher than a year ago.  ( 26 min )

The Federal Reserve is expected to raise interest rates on Wednesday. Plus, earnings reports from Alphabet, Microsoft, Visa, General Electric, Verizon, Meta Platforms, and more.  ( 27 min )

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Just because valuations are high at a given moment does not mean the next 12 months’ return will be weak.  ( 12 min )

U.S. policymakers and agencies are looking for ways to regulate autonomous vehicles on a larger scale. First, there’s the National Highway Traffic Safety Administration (NHTSA), which plans to announce a new rule-making in September that could benefit AV companies like Cruise and Zoox, both of which have plans to launch purpose-built robotaxis that don’t have steering wheels or pedals. General Motors, which owns Cruise, submitted a petition in February 2022 to NHTSA to deploy up to 2,500 of the Cruise Origins annually without human controls and may soon have an answer.  ( 14 min )

C3 AI's been on a tear in the public markets this year, up a staggering 260% year-to-date. However, the C3 picture is more complicated than the skyrocketing stock might suggest.  ( 11 min )

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A broader market rally doesn't mean we're headed for a soft landing, says one strategist. He believes the markets are overbought and due for a correction.  ( 8 min )

Few things fire up the imagination of wealth better than a gold mine. After all, while money doesn’t grow on trees, we can actually dig it up out of the ground. Our wealth-related metaphors often revolve around gold, with phrases like ‘things as good as gold’ and ‘an asset that’s like a gold mine.’ Indeed, gold stands as the ultimate symbol of riches and prosperity. While owning a gold mine might be a distant dream for many, investing in the stock of a gold mine presents an entirely feasible opp  ( 10 min )

Workers at firms like Nvidia, Amazon, Apple and Microsoft have seen big jumps in their company shares, but many don’t know the tax hit those earnings could bring  ( 19 min )

I'm in my mid-40s, married with four kids. My husband doesn't want to work and has left the financial responsibilities to me for as long as I can remember. I don’t have much in my savings account or in my 401(k). My annual income is only around $85,000. My eldest is about to start college, […] The post Ask an Advisor: I Have 4 Kids and Make $85k But My Husband Doesn’t Work. How Do I Start Investing So I Can Pay for College? appeared first on SmartReads by SmartAsset.  ( 9 min )

U.S.-based investment firm Bain capital said on Sunday that it has entered into an agreement to acquire 90% of Adani Capital and Adani Housing, buying out the Adani family's private investments in the company.  ( 5 min )

I will be retiring at the end of this year. I am trying to decide between two choices on how to best use $40,000 that I anticipate I will have as extra money by the end of the year. My only debt is the payoff of one automobile, which is about $40,000. Or, I can […] The post Ask an Advisor: I’m Retiring at the End of This Year and Will Have an Extra $40K to Invest. Should I Pay Off My Car Loan or Buy Dividend Stocks? appeared first on SmartReads CMS - SmartAsset.  ( 9 min )

Real estate has become an increasingly popular choice among investors of just about all classes. Whether you're a large investor purchasing entire properties, or a retail investor buying into REITs or ETFs, this asset class can be a strong choice for your portfolio. But, according to a recent publication from Origin Investments, there's a risk […] The post For Real Estate Investors, Costs Are Rising Due to This Unexpected Cost appeared first on SmartReads by SmartAsset.  ( 9 min )

If you retire with $750,000 in your portfolio, how long will it last? This is one of the most important questions in retirement and the answer is, it depends. It depends on a wide range of individual factors, from where you live and how much you spend to how you invest. No one can give a general […] The post How Long Will $750,000 Last in Retirement? appeared first on SmartReads CMS - SmartAsset.  ( 10 min )

Working a job with set hours, solid benefits, and fully remote flexibility is Gen Z’s answer to hustle culture.  ( 10 min )

(Bloomberg) -- US stocks are approaching a record high and the outlook for Corporate America is only expected to brighten. Now investors are waiting to see if the Federal Reserve derails the market’s bull run.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Avera  ( 8 min )

Telecom stocks have sagged under heavy debt and concerns about slowing growth.  ( 25 min )

The Communist Party is becoming less timid in its retaliation against American economic warfare  ( 8 min )

Stock more than doubles from a year ago as the conglomerate continues its breakup into three companies.  ( 25 min )

As the stock market rally begins to broaden, a Federal Reserve meeting and quarterly reports from more than 150 S&P 500 companies await investors in the week ahead.  ( 11 min )

China remains attractive to global pharmaceutical companies even as many multinationals shift their focus elsewhere.  ( 25 min )

President Joe Biden's efforts to eliminate junk fees won't necessarily save shoppers any money, critics warn. Here's why.  ( 10 min )

(Bloomberg) -- Elon Musk said he wants to drop the Twitter logo soon and eventually get rid of the birds that have long been its signature.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe billionaire tweeted a shimmer  ( 6 min )

(Bloomberg) -- China has announced several measures recently to boost the economy and made a number of pledges to improve the business environment as concerns about the growth outlook continue to mount. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay  ( 7 min )

Employers far beyond restaurants rely on the practice to avoid paying higher wages. Have customers reached their limit?  ( 21 min )

Distressed investors are fighting over REITs trading at discount prices.  ( 26 min )

Electric supplies from renewable energy, hydropower and batteries bolster vulnerable parts.  ( 25 min )

There’s no doubt the bulls have been charging ahead in 2023. The S&P 500 is up more than 18% year-to-date, while the tech-heavy NASDAQ has been puffing out its chest with a 34% return. Right now, the gains are narrow, resting mainly on a handful of deep-pocketed, big-name tech firms, but there’s a likelihood investor money will start spreading around more widely. If the bull market does widen out, it will raise the question of which stocks to buy, and that’s where the Smart Score can narrow the  ( 10 min )

Here is your Pro Recap of 4 head-turning deal dispatches you may have missed last week: Stratasys agrees to merger discussions with 3D Systems and rejects Nano again; VMware-Broadcom receives clearance from U.K. regulator; merger deal signed between Dell and Moogsoft, and KKR picks up a specialty chemicals name. After six weeks of unsolicited proposals and rejections, Stratasys (NASDAQ:SSYS) said early last week that 3D Systems' (NYSE:DDD) most recent revised buyout offer "would reasonably be expected to result in a 'Superior Proposal'" as defined within its all-stock $1.8 billion merger agreement with Desktop Metal (NYSE:DM), inked in May.  ( 8 min )

Severe storms in the U.S. resulted in at least 13 individual billion-dollar events and $35 billion in insured losses for the first six months of the year.  ( 26 min )

Restaurant stocks have been on a hot streak this year. Analysts question if the momentum will last given that restaurant inflation is still high.  ( 26 min )

(Bloomberg) -- By some measures, the euro is at its most expensive level on record, potentially setting itself up for a fall if starts to undermine the euro area economy and forces the European Central Bank to turn dovish.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol  ( 9 min )

Saudi Arabia has emerged as a private financial backer of the £4bn takeover of Selfridges, as part of a shopping spree intended to increase its international clout and boost development of its economy.  ( 7 min )

Powerful forces, from stimulus spending to climate change, have spurred the acceleration in price growth. History suggests inflationary trends will persist.  ( 26 min )

If you're looking at Charles Schwab’s fund options for your retirement account, SWTSX and SCHZ can be good options to consider.  ( 23 min )

Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago.  ( 26 min )

Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output.  ( 24 min )

The pros and cons of using your nest egg to buy a special longevity annuity in retirement.  ( 24 min )

The less-than-truckload sector has been disrupted by a very public dispute between Yellow and the Teamsters. Rates have already seemingly responded and may continue to see support. The post LTL rates bounce as Yellow struggles with union appeared first on FreightWaves.  ( 7 min )

While leasing has certain advantages, buying a car tends to save you money in the long run and offers greater flexibility.  ( 24 min )

Do you think making two payments a month for your mortgage is a good idea? Think twice about that. We tell you why.  ( 24 min )

The BanxQuote Money Markets Index was an index of money market funds, compiled by the financial information firm BanxQuote.  ( 20 min )

A group health insurance plan offers coverage at a lower premium than an individual plan and is available to employees of a company or organization.  ( 24 min )

Many states assign points to your driving record for violations. Learn how points work and how they can affect your car insurance rates.  ( 21 min )

Ripple (XRP) is the native cryptocurrency for the payment system created by Ripple Labs Inc. Find out how to buy and invest in XRP.  ( 23 min )

“Carriage and insurance paid to” is when a seller pays freight and insurance to deliver goods to a seller-appointed party at an agreed-upon location.  ( 21 min )

We go over different types of shares and what investors need to know about them so they can make better investing decisions.  ( 19 min )

Yearly probability of dying is a statistical estimate of the likelihood of a person dying within a year, based on age and sometimes other factors.  ( 24 min )

Learn about the value at risk, how confidence intervals and confidence levels are used to interpret the value at risk and the difference between the two.  ( 19 min )

A brokerage fee is a fee a broker charges to execute transactions or provide specialized services.  ( 24 min )

A market index is a hypothetical portfolio representing a segment of the financial market. Popular indexes include the Dow Jones, S&P 500, and Nasdaq.  ( 25 min )

Total permanent disability (TPD) is a condition in which an individual is no longer able to work due to injuries.  ( 19 min )

Money can be made on a stock without actually owning any shares, but short selling isn't for new investors.  ( 22 min )

The accidental death benefit (ADB) is a payment due to the beneficiary of an accidental death insurance policy. Learn more about what it covers.  ( 21 min )

A commodity is a basic good used in commerce that is interchangeable with other goods of the same type.  ( 26 min )

Elon musk announced that he will drop Twitter's bird logo, saying it should have been done a long time ago.  ( 16 min )

Reduce the cost of owning and maintaining a car with these clever tax tips.  ( 20 min )

Learn about the difference between two freight methods and how costs apply to them.  ( 21 min )

A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit.  ( 29 min )

Examine the largest banks in the Russian Federation, including the massive conglomerate Sberbank, which is the third-largest bank in Europe.  ( 20 min )

A detailed description of what a car title is and its importance to registering and owing a personal vehicle.  ( 19 min )

Make sure the house you choose is worth the price you pay. Here are 10 tips on how to get a good price for a home.  ( 24 min )

Here are the pros and cons of temporarily suspending your student loan payments.  ( 26 min )

When investing some assets are considered safe, while others are considered risky, this includes savings accounts, T-bills, certificates of deposit, equities and derivatives.  ( 19 min )

These circles of like-minded people are a wonderful way to explore investing without laying out large sums.  ( 21 min )

Credit life insurance is a policy designed to pay off a borrower's debt if the borrower dies. Learn how it works and more about the pros and cons.  ( 21 min )

Understand how dental insurance works and find out what to look for when comparing policies.  ( 23 min )

Disability coverage is important to have in case you become physically unable to work. You can purchase group or individual coverage.  ( 21 min )

With the rising cost of college and questionable career prospects awaiting college graduates, some are wondering if a college education is still worth it.  ( 23 min )

Workers at firms like Nvidia, Amazon, Apple and Microsoft have seen big jumps in their company shares, but many don’t know the tax hit those earnings could bring  ( 18 min )

Home equity loans and mortgages are loans that use your home as collateral, but there are important differences between the two.  ( 25 min )

Full-time realtors are frustrated with the amount of competition now required to sell a home because the market is so saturated with agents while mortgage lenders are cutting jobs amid a deal slowdown.  ( 19 min )

Decreasing term insurance is a renewable term life insurance with coverage decreasing at a predetermined rate throughout the policy's life.  ( 21 min )

If you're looking at Charles Schwab’s fund options for your retirement account, SWTSX and SCHZ can be good options to consider.  ( 23 min )

Oil and gas investments can provide unmatched tax deduction potential for accredited investors.  ( 22 min )

Koophuizen waren vorige maand gemiddeld 5,5 procent goedkoper dan een jaar eerder. Verder blijkt dat het aantal verkochte woningen met 6 procent is gestegen in vergelijking met vorig jaar. Dat concluderen het Kadaster en statistiekbureau CBS.  ( 4 min )

Vakantiegangers die in het buitenland in het ziekenhuis belanden, krijgen ook nog eens een pijnlijke verrassing te verwerken. Als je niet extra verzekerd bent, is er een grote kans dat je zelf een deel van de kosten moet betalen.  ( 4 min )

Liefhebbers van wijnen uit Spanje of Italië hoeven zich nu nog geen zorgen te maken over het extreme weer daar. Maar als het langer aanhoudt, kan dat wel slecht uitpakken voor de druivenoogst.  ( 4 min )

Vakantiegangers die in het buitenland in het ziekenhuis belanden, krijgen ook nog eens een pijnlijke verrassing te verwerken. Als je niet extra verzekerd bent, is er een grote kans dat je zelf een deel van de kosten moet betalen.  ( 4 min )

Liefhebbers van wijnen uit Spanje of Italië hoeven zich nu nog geen zorgen te maken over het extreme weer daar. Maar als het langer aanhoudt, kan dat wel slecht uitpakken voor de druivenoogst.  ( 4 min )

Elon musk announced that he will drop Twitter's bird logo, saying it should have been done a long time ago.  ( 1 min )

When shopping for a new car, you want to make sure that you get the best price. Learn how, without the hassle of haggling.  ( 21 min )

Clearing is when an organization acts as an intermediary to reconcile orders between transacting parties. A clearing bank approves checks for payments.  ( 23 min )

Renting out a room on Airbnb can be a good way to generate income, but you need to understand what is and isn’t covered by your homeowner’s insurance.  ( 20 min )

Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )

Although renting by the room can increase returns on rental property, it does come with a few caveats.  ( 21 min )

Understanding recoverable depreciation may help you claim more in insurance reimbursement for damage to your property.  ( 26 min )

A defined contribution (DC) plan is a retirement plan in which employees allocate part of their paychecks to an account funding their retirements.  ( 25 min )

Your decision on how frequently to make life insurance payments, or your mode of premium, can have a big impact on your total costs.  ( 19 min )

Collision insurance is auto coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver.  ( 17 min )

Product recall insurance covers expenses associated with recalling a product from the market.  ( 19 min )

An actuarial life table is a table or spreadsheet that shows the probability of a person at a certain age dying before their next birthday and is used by insurance companies to price products.  ( 19 min )

Business crime insurance gives companies protection from damage from corporate crimes like fraud, embezzlement, theft, and others.  ( 19 min )

Classic car insurance is geared toward vehicles, even newer ones, that tend to appreciate in value.  ( 20 min )

An energy improvement mortgage allows borrowers to qualify for additional loan funding for cost-effective energy efficiency improvements on a home.  ( 18 min )

The member month refers to the number of individuals participating in an insurance plan each month. It is calculated with specific formulas.  ( 19 min )

A ceding company is an insurance company that passes a part or all of its risks from its insurance policy portfolio to a reinsurance firm.  ( 19 min )

A captive agent is an insurance agent who only works for one insurance company and is paid by that one company, either by salary, commission, or both.  ( 18 min )

An HOA fee is a recurring fee paid by some homeowners to an organization that helps maintain and improve their property and others in the same group.  ( 22 min )

Intrinsic value reduces the subjective perception of a stock's value by analyzing its fundamentals.  ( 25 min )

A health maintenance organization (HMO) is a health insurance plan that provides health services through a network of doctors for a monthly or annual fee.  ( 28 min )

A golden cross is a bullish chart pattern used by traders and investors where a short-term moving average crosses a long-term moving average from below.  ( 24 min )

Although they are often confused and may be used interchangeably, the terms commodity and product are very different.  ( 21 min )

While you don’t have a say in who your student loan servicer will be, you should be able to easily find out who they are. Here’s what you need to know.  ( 23 min )

Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.  ( 30 min )

There are differences between a bond's yield rate and its coupon rate. The coupon rate influences market price and the market price influences yield.  ( 21 min )

Learn about the methods that criminals use when they are looking to launder money and how the government seeks to prevent them.  ( 24 min )

Higher interest rates boosted big banks’ net interest income in the second quarter, which is the profit banks earn from charging higher interest rates to borrowers than they pay out to depositors and account holders.  ( 19 min )

Earlier this month Tesla CEO Elon Musk announced his latest startup, xAI, which will focus on artificial intelligence. Musk is the richest person in the world as of July, thanks to the companies he leads including Tesla, SpaceX, and Twitter.  ( 18 min )

Newmont Corporation, the world’s biggest gold mining company, missed profit expectations for the second quarter as lower production and gold prices weighed on profitability.  ( 17 min )

Interest rates can have a complicated ripple effect through financial markets. Learn more about how they specifically impact the stock market.  ( 28 min )

Here's how Sling TV works. Sling TV streams live channels, including sports, and can be a great deal for cord-cutters.  ( 19 min )

An origination fee is an upfront fee charged by a lender to process a new loan application. It acts as compensation for executing the loan.  ( 25 min )

Open an account with one of these listed companies to receive its brokerage account promotions, but be sure it's the right account for your needs.  ( 23 min )

Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 21 min )

The maker of Marlboro cigarettes, Philip Morris, posted better-than-expected earnings for the second quarter.  ( 26 min )

"New work patterns mean that people are traveling who in the past couldn’t because they were in an office Monday through Friday."  ( 8 min )

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Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )

(Bloomberg) -- A bond market that wants to rally is anxiously waiting in the wings for the Federal Reserve to give it the green light next week as a robust economy keeps upending bullish positions.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Re  ( 8 min )

(Bloomberg) -- The world’s major central banks meet in the coming week to set monetary policy amid continued signs that the worst inflation crisis in decades is easing.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitWhil  ( 11 min )

For many Americans, saving for retirement starts with having an employer-provided plan, especially one that you’re automatically enrolled in with payroll deductions. The problem: nearly half of US private-sector workers–roughly 57 million people–don’t have access to an employer-sponsored pension, such as a 401(k). At least in some states, though, help may be on the way.  ( 9 min )

(Bloomberg) -- US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind for lenders ranging from banks to asset-backed securities investors.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled A  ( 9 min )

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Also this week, the British treasury issued a firm no to those calling for crypto to be regulated as gambling.  ( 7 min )

(Bloomberg) -- Tesla Inc. has started offering consumers 84-month auto loans after Elon Musk said the carmaker would “have to do something” about rising interest rates.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe  ( 7 min )

Precious metal prices, especially gold and silver, have seen a brief rally in July, but uncertainty remains as to whether this upward trend will continue.  ( 7 min )

"Financing these at 3% [mortgage rates] then jumping rates to 6% is the same as burning them [the homes] down from a supply perspective"  ( 7 min )

"Just in the last 18 months, 15 companies have stopped writing [insurance] business in Florida"  ( 10 min )

A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms.  ( 25 min )

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News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

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Annual pay raises can help workers keep up with the rising costs of goods and services in an economy. But when prices increase faster than wages, a pay bump can end up feeling more like a pay cut. This was the case for many workers over the last few years when inflation dwarfed wage growth. […] The post These Careers Had the Highest Pay Bumps, While Others Fell Behind – 2023 Study appeared first on SmartReads CMS - SmartAsset.  ( 8 min )

If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.  ( 9 min )

Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.  ( 10 min )

Many workers have no idea how much they need to have saved for retirement, according to a survey by the nonprofit Transamerica Center for Retirement Studies TCRS, in collaboration with the Transamerica Institute.  ( 8 min )

(Bloomberg) -- There’s growing concern on Wall Street that the twin engines of this year’s tech-stock surge are at risk of sputtering. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThat was evident Thursday, when the t  ( 9 min )

Despite your best planning and efforts to prepare for retirement, you're still likely to encounter some kind of unexpected challenges after you stop working. According to Charles Schwab, there are five retirement surprises, which might come as a financial shock to many older workers. However, if you're prepared, you can avoid allowing seeing these disruptions […] The post The Hidden Retirement Expenses You Should Be Planning For, According to Schwab appeared first on SmartReads CMS - SmartAsset.  ( 8 min )

Buyers and producers debate agriculture policy requiring companies use mostly U.S. sugar.  ( 25 min )

Earlier this month Tesla CEO Elon Musk announced his latest startup, xAI, which will focus on artificial intelligence. Musk is the richest person in the world as of July, thanks to the companies he leads including Tesla, SpaceX, and Twitter.  ( 19 min )

The U.S. is playing catch-up in battery supply chains dominated by China.  ( 22 min )

Regional bank stocks just had their best week in more than a year, even though executives warned that revenues and profits are still under pressure.  ( 9 min )

Newmont Corporation, the world’s biggest gold mining company, missed profit expectations for the second quarter as lower production and gold prices weighed on profitability.  ( 18 min )

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A 65-year-old retiring this year can expect to spend an average of $157,500 toward healthcare expenses throughout retirement, Fidelity estimates.  ( 26 min )

(Bloomberg) -- Chinese regulators met with global investors on Friday, according to people familiar with the matter, stepping up the government’s bid to boost market confidence as the country’s economic recovery loses steam. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganUS Recession Becomes Closer Call as Economists Rethink ForecastsPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Sur  ( 8 min )

"The company plans to reallocate the majority of those positions to new, cloud-focused technology roles," the spokesperson said in an emailed statement, adding that the overall headcount will remain the same. The spokesperson declined to comment on how many people would be reallocated or whether CME will hire additional people to maintain headcount.  ( 6 min )

A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production.  ( 21 min )

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The world's largest oil field services company saw substantial increases in revenue and net income in the second quarter, despite a downturn in North America rig counts.  ( 11 min )

In trials, Biogen and Eli Lilly have shown that their drugs can slow early-stage decline in the disease. It could be a bonanza for patients—and investors.  ( 26 min )

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(Bloomberg) -- Global fund managers are tamping down expectations ahead of China’s Politburo meeting, with many bracing for prolonged gloom in the stock market on bets that any policy support will lack potency.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Surge as Judge Den  ( 8 min )

Higher interest rates boosted big banks’ net interest income in the second quarter, which is the profit banks earn from charging higher interest rates to borrowers than they pay out to depositors and account holders.  ( 1 min )

De Amerikaanse regering moet meer onderzoek doen naar de gevolgen van de beperkingen op de export naar China voor de chipindustrie.  ( 3 min )

Amazon zet een groot gebouw ter waarde van zo'n 107 miljoen euro neer bij NASA's Kennedy Space Center in de Amerikaanse staat Florida. Daar staan installaties om raketten te lanceren. Het webwinkelconcern wil er satellieten gaan bouwen.  ( 3 min )

De Nederlandse voetbalsters spelen zondag hun eerste wedstrijd op het WK in Australië en Nieuw-Zeeland, maar commercieel is het toernooi niet aantrekkelijk. Supermarkten, winkels en adverteerders laten het massaal afweten.  ( 4 min )

Het bedrijf achter brillenmerk Ray-Ban en Oakley wordt er door Amerikaanse consumenten van beschuldigd dat het de prijzen van zijn brillen tot wel 1.000 procent heeft opgedreven.  ( 3 min )

Nu Twitter zich door chaos na chaos worstelt, schieten de alternatieven als paddenstoelen uit de grond. Maar Threads is er niet in Nederland, op Bluesky is het rustig en Mastodon lijkt te ingewikkeld. De twitteraar kan eigenlijk geen kant op.  ( 4 min )

IntraFi Network Deposits help consumers with large deposits insure their money by spreading funds out to stay below the FDIC insurance limit of $250,000 per depositor per bank.  ( 23 min )

Checking accounts do not require beneficiaries, but consumers can add them upon request. Learn how payable-on-death accounts work.  ( 24 min )

State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 20 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

American Express posted record revenue, but it still came up short of forecasts as network volumes growth slowed after several quarters of double-digit percent growth.  ( 16 min )

The NASDAQ-100 Equal Weighted Index is an equal-weighted version of the NASDAQ-100, a group of the largest and most frequently traded stocks on the NASDAQ.  ( 21 min )

The S&P 500 was little changed on Friday, July 21, 2023, but posted gains for the week on strong corporate earnings reports.  ( 16 min )

Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.  ( 19 min )

Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in half, citing falling business from tech firms.  ( 16 min )

The volatility surface is a three-dimensional plot of stock option implied volatility seen to exist due to discrepancies in the stock market.  ( 22 min )

Private equity firm KKR agreed to buy Chase Corp for $1.3 billion in a move that expands its holdings in the specialty chemicals space.  ( 16 min )

Both Wealthsimple and Betterment have features that appeal to less experienced investors, with plenty of planning tools and zero opening balances.  ( 23 min )

Both of these firms have created solid offerings, but Charles Schwab Intelligent Portfolios has lower fees  ( 25 min )

Coming up: big tech earnings, the Fed's July policy meeting, and the central bank's preferred gauge of inflation.  ( 20 min )

Angela Merkel (born Angela Dorothea Kasner on July 17, 1954) was chancellor of Germany from 2005 until 2021. She was the second-longest-serving chancellor in German history, and was the first woman to hold the office.  ( 23 min )

On the surface, Betterment and Fidelity Go share many similarities. However, there are some key differences between Betterment and Fidelity Go that will help you choose the best fit for your money.  ( 26 min )

Two solid options. The right one for you will depend on your digital-versus-human preference, the amount you have to invest, and your desire to fine-tune your portfolio.  ( 27 min )

Ellevest offers the most account options with the Executive membership flat fee, but Betterment caters to new investors, with live customer service and low-cost options.  ( 26 min )

FutureAdvisor and Betterment are very different robo-advisories, but they share a similar approach. Both rely heavily on Modern Portfolio Theory (MPT) in managing your portfolio, although the specifics of portfolio creation and rebalancing differ.  ( 22 min )

M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is better for setting financial goals and M1 is better for automated investing.  ( 27 min )

Here's a rundown of the specific tax rules that apply to homeowners renting out a vacation property.  ( 20 min )

In terms of numbers, there are very few categories where Stash outperforms Betterment. This is to be expected as Betterment is one of the top robo-advisors we reviewed.  ( 27 min )

Wealthfront and Betterment both earned spots in our Best Robo-Advisor Awards. We describe their similarities and differences to help you decide which is best for you.  ( 26 min )

We compared portfolio management, usability, and fees from the best robo-advisors. This list will help you find the best automated portfolio builders for your needs.  ( 41 min )

A payday loan is a type of short-term borrowing where a lender will extend high-interest credit based on your income.  ( 30 min )

A jumbo loan or jumbo mortgage is a type of financing that exceeds the conforming limits set by the Federal Housing Finance Agency (FHFA).  ( 24 min )

A trader is someone who engages in the purchase or sale of assets in any financial market, either for themself or on behalf of another party.  ( 29 min )

For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8-, and 13-period simple moving averages (SMA) offer a valuable addition to one's strategy.  ( 23 min )

You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )

U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.  ( 16 min )

Shares of railroad operator CSX fell after missing revenue estimates as intermodal shipping volumes dropped.  ( 16 min )

Digital World Acquisition Corp. shares soared after an SEC settlement over charges it misled investors.  ( 16 min )

An IP address is a unique identifier associated with a computer or network, which allows users to send and receive data.  ( 26 min )

Mortgage rates jumped higher Thursday, with increases across every loan type. The 10-year and 15-year averages especially surged, each adding more than a quarter point.  ( 20 min )

Moving average convergence/divergence (MACD) is a momentum indicator that shows the relationship between two moving averages of a security’s price.  ( 29 min )

Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 21 min )

Personal loans are not considered income and cannot be taxed unless the loan is forgiven.  ( 24 min )

First-time homebuyers may make mistakes in the mortgage and home-buying processes. Here are some of the most common mistakes to avoid to save money and time.  ( 30 min )

U.S. Treasury Secretary Janet Yellen visited Vietnam this week and talked about the country's role in protecting domestic supply chains.  ( 17 min )

The team will be tasked with analyzing ways to avoid debt ceiling standoffs and “make the risk of default a thing of the past.”  ( 16 min )

Payday loans are almost always more expensive than personal loans when it comes to borrowing money and tend to be riskier as well.  ( 25 min )

A lawsuit settlement loan is a cash advance for an impending settlement or judgment. There can be pricey strings attached.  ( 22 min )

Investors are growing more bullish and optimistic about a soft landing as inflation cools, according to a Morgan Stanley Wealth Management Pulse Survey.  ( 17 min )

This personal loan calculator will help you calculate monthly payments  ( 21 min )

Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.  ( 26 min )

Personal loans and credit cards both offer a way to borrow funds, but there have different advantages and risks. Learn how these two funding sources compare.  ( 24 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 24 min )

The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 27 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 26 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 30 min )

The Dutch East India Co. was the first company to sell shares of a business to the public in 1602.  ( 20 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 17 min )

Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.  ( 18 min )

Year to date (YTD) refers to the period of time beginning on the first day of the current calendar year or fiscal year and extending up to the current date.  ( 25 min )

Peer-to-peer (P2P) lending enables an individual to obtain a loan directly from another individual, cutting out the traditional bank as the middleman.  ( 23 min )

Learn about the difference between market capitalization and market value including the factors that go into the calculation of each metric. While both provide a measure of corporate assets, the two are vastly different in their calculation and precision.  ( 19 min )

Personal loans from friends, family, and employers fall under common categories of debt that can be discharged in the case of bankruptcy.  ( 22 min )

Learn about the four most common reasons a company may choose to suspends its dividends, including financial trouble, funding growth and unexpected expenses.  ( 20 min )

Executives at Amazon, Anthropic, Alphabet, Inflection, Meta, Microsoft, and OpenAI will meet at the White House with administration officials Friday to discuss the voluntary agreements.  ( 16 min )

The Great Recession may be over, but broker wrongdoing hasn't. How do you know if a broker is legit?  ( 25 min )

Supplemental Security Income (SSI) is a benefit for people with disabilities. The SSI resource limit hasn't kept up with inflation, and $2,000 buys far less than it did when it was set in the 1970s.  ( 20 min )

Big Tech firms including Amazon, Alphabet, Meta, and Microsoft agreed to AI safeguards brokered by the White House and shares of railroad operator CSX fell after it missed on revenue projections. Here’s what investors need to know today.  ( 18 min )

Institutional ownership can both create and destroy value for shareholders. Learn how to stay ahead of the game.  ( 21 min )

Discover some reasons that corporations might issue preference or preferred shares, and why investors might value them more than common shares.  ( 20 min )

Find out how dividends affect a company's stockholder equity and how the accounting process changes based on the type of dividend issued.  ( 23 min )

(Bloomberg) -- Leaders of the largest US chipmakers told Biden officials this week that the administration should study the impact of restrictions on exports to China and pause before implementing new ones, according to people familiar with their discussions.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosPutin Warns Poland Over ‘Aggression’ Against Ally BelarusAMC Shares Surge as Judge Denies APE Deal in Surprise R  ( 9 min )

India could account for 10% of the world’s Apple users by 2032, and contribute $40 billion of the company’s revenue, according to one analyst.  ( 26 min )

HOUSTON (Reuters) -A U.S. court set Oct. 23 as the start date for a long-expected auction of shares in Venezuela-owned refiner Citgo Petroleum's parent to pay creditors with judgments against the South American nation. The sale process lays out a schedule that could lead to formal approval of any sale of shares in PDV Holding, a U.S.-based unit of state company Petróleos de Venezuela, a year from now. U.S. Judge Leonard Stark in Delaware this week accepted a recommendation by a court official in charge of organizing the auction.  ( 7 min )

The governor says the investigation will protect the retirees of Florida.  ( 26 min )

Stocks are climbing on strong earnings and expectations for a rate-hike pause. Still, there are disquieting signs that the economy is slowing.  ( 26 min )

Climate change, extreme weather, and a deluge of litigation have made Florida an expensive state for insurance companies to do business in.  ( 26 min )

A judge blocked the conversion of APEs to common shares.  ( 29 min )

AMC Entertainment shares soared 70% after-hours Friday after a judge rejected a proposed court settlement that would have cleared the way for the movie-theater giant to complete a set of equity transactions enabling it to issue substantially more shares.  ( 31 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

American Express posted record revenue, but it still came up short of forecasts as network volumes growth slowed after several quarters of double-digit percent growth.  ( 18 min )

Johnson & Johnson will offer its holders to chance to swap their shares for Kenvue stock  ( 26 min )

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Shares of electric-vehicle maker Tesla trade an incredible amount of volume on a daily basis, making the average holding time shockingly short.  ( 26 min )

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Ahead of the Nasdaq-100 rebalance, individual investors piled into an exchange-traded fund that tracks the tech-focused index. Investors poured more  ( 20 min )

(Bloomberg) -- It made sense at the time. Jerome Powell was waging war on inflation. The bond market was flashing dire warnings. Practically everyone saw a recession coming.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Surge as Judge Denies APE Deal in Surprise RulingAnd ye  ( 10 min )

(Bloomberg Law) -- AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging 100% in after-hours trading.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink  ( 8 min )

Stocks finished near where they started Friday, as the Dow eked out a 10th day of gains.  ( 7 min )

The 5th U.S. Circuit Court of Appeals in New Orleans said it will review the case en banc, meaning that all active judges will take part. A three-judge panel of the same court had in March upheld a National Labor Relations Board decision that Musk's tweet was an unlawful threat that could discourage unionization, and ordering Musk to delete it.  ( 7 min )

"It is indeed a mad, mad world," says Société Générale's Albert Edwards. “What on earth is going on? Something very strange has happened…”  ( 8 min )

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Stock in the satellite radio operator soared 42% Thursday as a result of a short squeeze.  ( 36 min )

"With a UPS strike, everyone in America will feel it if it happens," said one expert who pegged the potential economic hit at $5 billion.  ( 10 min )

Oil prices logged their fourth straight weekly gain, powered by a combination of factors. U.S. crude oil futures settled at $77.07 a barrel Friday, up 1.9% on the day and about 11% over the past four weeks. Today's settlement was the highest since April 25. The reasons for the rally: _**Supply  ( 21 min )

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Next week, several of Wall Street’s heavyweights will step up to the earnings plate, amongst them Microsoft (NASDAQ:MSFT). The tech giant will deliver its fiscal fourth quarter of 2023 statement (June quarter) on Tuesday (July 25) amidst strong optimism the company is only starting to benefit from the ongoing adoption of generative AI. As such, ahead of the print, Piper Sandler analyst Brent Bracelin sees a ‘solid’ set-up, given “1) robust Gen AI momentum, which could drive above-consensus capex  ( 7 min )

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(Bloomberg) -- Amazon.com Inc. will require some corporate employees to relocate as part of a mandate requiring workers to be in the office three days a week, according to people familiar with the matter, the latest source of strain between the tech giant and its workforce following layoffs that began last year.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Cal  ( 7 min )

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(Bloomberg) -- A likely re-weighting of Sirius XM Holdings Inc. in the Nasdaq 100 is adding another twist to the stock’s wild moves, with the market transfixed by an unprecedented short squeeze.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesWhy South Africa Is on the Brink of ChaosPutin Warns Poland Over ‘Aggression’ Against Ally BelarusApple Tests ‘Apple GPT,’ Develops Generative  ( 7 min )

Some investors bought shares even after the company went bankrupt in April, betting on a long-shot revival.  ( 28 min )

Cyrus Hodes alleges CEO Emad Mostaque convinced him “that the company he had helped build was essentially worthless.”  ( 7 min )

A CIO survey reveals that companies are prioritizing AI applications in their spending plans. That also helps explain why Taiwan Semi noted a softening in demand for chips in its earnings report.  ( 26 min )

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Shares in Sirius XM Holdings were down 10.5% on Friday, erasing some of their dramatic gains in the previous day's session with analysts attributing the volatility to a short squeeze, as well as a rebalance of the Nasdaq 100. U.S. satellite and online radio company, Sirius XM, which is majority owned by Liberty Media, last traded at $6.99 after closing up 42% at $7.81 on Thursday for its biggest one-day percentage gain since March 2009. Analytics firm Ortex estimates that 34% of Sirius's publicly available shares are sold short, where bearish investors borrow shares to sell them "short" with the aim of buying them back at a lower price to repay the debt and pocket the difference.  ( 7 min )

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The car seller earned $6.29 a share for the second quarter. Analysts tracked by FactSet had penciled in $5.91.  ( 26 min )

“We’ll have all these little mid-block parks in New York City because there won’t be anything else to do with those buildings," Sternlicht warned.  ( 8 min )

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Many investors entered the second-quarter earnings season expecting the worst for regional banks. But that didn’t materialize in the results released this week, at least not for the bigger players. Another round of earnings results Friday also showed stabilizing deposits at regional lenders: Dep  ( 22 min )

A U.S. district court in Kansas may ultimately determine Yellow’s fate on Friday. The post Yellow’s fate likely in hands of Kansas district court appeared first on FreightWaves.  ( 9 min )

With markets rallying and the Federal Trade Commission unable to stop deal-making in court, a rebound in capital-markets activity alone could propel the stock.  ( 26 min )

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(Bloomberg) -- Optimism about artificial intelligence boosting demand for semiconductors won’t be enough to offset the challenges from an oversupply of chips and a murky economic backdrop, when companies such as Texas Instruments, Intel and NXP Semiconductors report earnings next week.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsPutin Warns Poland Over ‘Aggression’ Against Ally BelarusBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rat  ( 11 min )

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(Bloomberg) -- The one-time king of the bond world is talking down the Treasury market. Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomWhile the yields may have peaked this year, “a bull market is not in the cards,” Bill Gross, the former chief invest  ( 6 min )

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Annuities are an ideal option for investors seeking regular income in retirement. They pay out a fixed stream of payments on a monthly or annual basis that you can never outlive. Here's how much you'd get per month if you … Continue reading → The post How Much Does a $50,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 8 min )

Abbot upgraded, Carvana downgraded: Wall Street's top analyst calls  ( 9 min )

Every investor seeks to reap the rewards of their stocks; otherwise, they wouldn’t be involved in the markets. However, discovering the ideal investment, one that will yield profits, can prove to be a challenge, particularly in today’s market environment. To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth  ( 10 min )

She allegedly used some of that 'bonus' to invest in an unnamed A.I. safety and research firm.  ( 8 min )

Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 9 min )

Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.  ( 10 min )

The Nasdaq-100 is getting rebalanced after its biggest tech companies got too big. The move was triggered earlier this month when the companies in the index with weightings exceeding 4.5% saw their combined weighting surpass 48%, according to Cameron Lilja, global head of index product and operatio  ( 22 min )

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Vietnam on Friday called on the country's food association to ensure sufficient domestic rice supplies and food security after India's move to curb its exports. India, which accounts for 40% of world rice exports, on Thursday ordered a halt to its largest rice export category to reduce domestic prices. "India's move to curb its rice exports will affect the global rice market," Vietnam's Ministry of Industry and Trade said in a document sent to the Vietnam Food Association and reviewed by Reuters.  ( 6 min )

Super Micro Computer, Inc. (SMCI) shares are up a monster 269% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 7 min )

The special purpose acquisition company (SPAC), which in October 2021 agreed to take Truth Social-parent Trump Media & Technology Group (TMTG) public, agreed to pay $18 million in fine to settle charges that it had made "material misrepresentations" to investors if it closes the merger. "It was weighing on shares and this gives investors hope that a deal could be completed," said Dennis Dick, a trader and equity market structure analyst at Triple D Trading. If the deal consummates, TMTG will have more than $1 billion of cash in its reach from the SPAC's institutional investors.  ( 7 min )

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American Express saw its profit and revenue climb in the second quarter and credit card use is climbing, but the company's stock slipped before the market open as it set aside more money for possible defaults on payments. American Express earned $2.17 billion, or $2.89 per share, topping Wall Street expectations for $2.80, according to analysts surveyed by Zacks Investment Research.  ( 7 min )

SLB reports better-than-expected adjusted earnings in the second quarter but revenue of $8.1 billion misses analysts' expectations.  ( 26 min )

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Amex beat on earnings and missed on revenue. Consolidated provisions for credit losses rose to $1.2 billion, up from $1.1 billion in the prior quarter.  ( 29 min )

Stock futures nudged higher on Friday, putting the Dow on track for a 10th day of gains and for tech stocks to recover from their stumble, as investors assessed the latest batch of corporate earnings.  ( 7 min )

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Tesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, and part of the reason is a bonanza from Biden administration tax credits. "It does make sense to sacrifice margins in favor of making more vehicles," Musk said on Wednesday, noting that Tesla was facing "turbulent times." Tesla shares fell nearly 10% on Thursday as investors worried that the automaker's margins, which have been in steady retreat for the past year, face further headwinds.  ( 8 min )

Russia's central bank raised its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble added to inflation pressure from a tight labour market and strong consumer demand. It was the first time the bank had lifted rates in more than a year, having gradually reversed an emergency hike to 20% made in February last year after Russia sent its armed forces into Ukraine, which prompted the West to impose sanctions on Moscow.  ( 6 min )

Meta has had a big, important year. Can its newly reenergized CEO keep it up?  ( 9 min )

Meta has had a big, important year. Can its newly reenergized CEO keep it up?  ( 9 min )

Joe Biden’s plans to boost the US microchip industry have been dealt a setback after the opening of a key factory in Arizona was delayed until at least 2025.  ( 8 min )

TSMC may have to fly in engineeers from Taiwan to help build its Arizona plant, TSMC chairman Mark Liu complained on Thursday.  ( 9 min )

Pipelines to Corpus Christi, Texas, are near capacity as U.S. oil production approaches records  ( 22 min )

Shares of Citizens Financial, U.S. Bancorp and KeyCorp are up this week.  ( 32 min )

Tesla stock rises after a sharp slump following the electric-vehicle maker's second-quarter earnings, Intuitive Surgical's adjusted profit missed estimates, and revenue falls at CSX on lower fuel and coal prices.  ( 26 min )

The lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island.  ( 6 min )

SINGAPORE/HONG KONG/LONDON (Reuters) -China's property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country's biggest developers, Country Garden, capped a turbulent week for the long-troubled sector. News that the firm, which has thousands of projects in nearly 300 Chinese cities, had moved to refinance part of a 2019 loan facility sent its Hong Kong-listed shares down more than 5% and left its bonds close to record lows hit late last year. "That doesn't get them completely out of the woods," said one Country Garden bondholder, who declined to be identified, adding that the developer was facing a further batch of bonds payments in coming months.  ( 8 min )

The U.S. DOJ also wants to ban the disgraced founder of FTX and all parties involved in the FTX case from making any out of court statements in the future.  ( 6 min )

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Carvana, Sirius XM, Estee Lauder, and XPeng. Today, Piper Sandler downgraded Carvana (NYSE:CVNA) to Neutral from Overweight with a price target of $48.00 (previously $29.00). The rating changes came after the company posted impressive Q2 results and announced a debt restructuring agreement, causing the stock to surge over 40% on Wednesday.  ( 8 min )

Investing.com -- Intuitive Surgical (NASDAQ:ISRG) reported second quarter results that beat analyst expectations, driven by a rebound in elective surgeries following the lull during the pandemic when non-COVID-related procedures were held back.  ( 7 min )

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China's weak economic figures had kept a lid on prices through the week. However, sentiment across commodity markets has picked up on hopes the central government would roll out more stimulus measures to support the economy. Higher crude prices have come "on positive commentary on China stimulus and looked through impacts from the stronger U.S. dollar index," National Australia Bank analysts said in a note.  ( 6 min )

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Volume and pricing gains for CSX’s merchandise segment weren’t enough to offset a decline in intermodal volumes and falling export coal benchmark prices, CSX said. The post CSX’s Q2 profit slips 15% on lower revenues appeared first on FreightWaves.  ( 7 min )

With the second half of 2023 well underway, it is a good time to assess the current state of the stock market and examine which equities analysts are selecting as their ‘Top Picks’ for the remainder of the year. The analysts have analyzed each stock, taking into account its past and current performance, trends across various time frames, as well as management’s plans. They consider every aspect before making their recommendations, which offer valuable guidance for constructing a resilient portfo  ( 12 min )

Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in half, citing falling business from tech firms.  ( 1 min )

Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.  ( 1 min )

The S&P 500 was little changed on Friday, July 21, 2023, but posted gains for the week on strong corporate earnings reports.  ( 1 min )

U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.  ( 1 min )

Digital World Acquisition Corp. shares soared after an SEC settlement over charges it misled investors.  ( 1 min )

Shares of railroad operator CSX fell after missing revenue estimates as intermodal shipping volumes dropped.  ( 1 min )

Investors are growing more bullish and optimistic about a soft landing as inflation cools, according to a Morgan Stanley Wealth Management Pulse Survey.  ( 1 min )

Big Tech firms including Amazon, Alphabet, Meta, and Microsoft agreed to AI safeguards brokered by the White House and shares of railroad operator CSX fell after it missed on revenue projections. Here’s what investors need to know today.  ( 1 min )

Private equity firm KKR agreed to buy Chase Corp for $1.3 billion in a move that expands its holdings in the specialty chemicals space.  ( 1 min )

De laatste tijd verhogen banken bijna maandelijks hun rente voor spaarders. Bij Rabobank gaat op 15 augustus de rente voor vrij opneembaar spaargeld omhoog van 1,25 naar 1,5 procent. ING-klanten met een spaarsaldo tot en met 10.000 euro ontvangen vanaf dat moment 1,25 procent.  ( 3 min )

Waterschappen verhogen hun belastingen volgend jaar waarschijnlijk fors. In een aantal gevallen gaat het zelfs om meer dan 10 procent, met een uitschieter naar ruim 30 procent. Dat komt neer op een verhoging van wel 100 euro per jaar.  ( 4 min )

Als het aan het stadsbestuur in Amsterdam ligt, komen er geen cruiseschepen meer in de buurt van de binnenstad. Ook moet de cruiseterminal die nu nog vlak bij het centraal station ligt, naar een plek buiten het centrum verhuizen.  ( 3 min )

Het vorig jaar omgevallen cryptofplatform FTX eist 1 miljard dollar (900 miljoen euro) terug van enkele oud-bestuurders. Onder hen is voormalig topman Sam Bankman-Fried. Volgens de aanklacht zou hij samen met drie anderen geld van FTX achterover hebben gedrukt.  ( 3 min )

EU-lidstaten hebben hun financiële huishouding weer beter op orde, blijkt uit nieuwe cijfers. Na de coronasteun en ingrepen tijdens de energiecrisis zorgen landen er weer voor dat hun begrotingstekort en staatsschuld niet te hard oplopen.  ( 4 min )

Papierfabriek De Hoop in het Gelderse Eerbeek gaat eind dit jaar echt de deuren sluiten. Het Finse moederbedrijf Stora Enso besluit hiertoe omdat de productie van papier en karton duurder is geworden sinds de oorlog in Oekraïne.  ( 4 min )

Bijna maandelijks verhogen banken dit jaar de spaarrente. Nu komt Rabobank voor de vijfde keer dit jaar met een renteverhoging. De rente voor vrij opneembaar spaargeld. gaat op 15 augustus omhoog van 1,25 procent naar 1,5 procent.  ( 3 min )

De prijzen van rijst zullen wereldwijd oplopen doordat India, een van de grootste rijstexporteurs ter wereld, de export ervan aan banden legt.  ( 4 min )

Consumenten dienen veel minder klachten in over bankiers, blijkt uit cijfers van Tuchtrecht Banken over 2022. De meeste binnengekomen meldingen over het gedrag van bankmedewerkers kwamen van de banken zelf. Al levert niet elke bank netjes iets in over wangedrag.  ( 4 min )

Consumenten dienen veel minder klachten in over bankiers, blijkt uit cijfers van Tuchtrecht Banken over 2022. De meeste binnengekomen meldingen over het gedrag van bankmedewerkers kwamen van de banken zelf. Al levert niet elke bank netjes iets in over wangedrag.  ( 4 min )

De krapte op de arbeidsmarkt leidt tot steeds meer problemen op de werkvloer, blijkt uit een rondgang van NU.nl. Zo zijn er onder meer conflicten over het concurrentiebeding, dat moet voorkomen dat werknemers soortgelijk werk uitvoeren bij een ander bedrijf.  ( 4 min )

The energy crisis in 1973 was one of two oil price shocks during the 1970s. The other occurred in 1979.  ( 25 min )

Patent share is the percentage share of a universe of patents owned or created by one subset group.  ( 20 min )

Already at a 15-year high, the top savings account rate in the country is now 5.20% APY. Or you can choose from more than a dozen other options that pay 5.00% or more.  ( 19 min )

Investing internationally is a great way to diversify a portfolio, but as an investor you need to know the risks and barriers in the global markets.  ( 19 min )

The metals and mining sector is the industry dedicated to the location and extraction of metal and mineral reserves around the world.  ( 19 min )

Google Glass, wearable "smart glasses," is a Google "moonshot" technology launched to consumers in 2014.  ( 20 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Sales for existing single-family homes dropped to the slowest pace in 14 years and were down 18.8% from the previous year.  ( 18 min )

Learn about how bond yields are affected by monetary policy. Find out how this determines the risk-free rate of return and its large role in bond pricing.  ( 20 min )

CD rates are still climbing and setting records in almost every term, according to July's new national rate averages from the FDIC. But how long can the good times last?  ( 18 min )

American Airlines improved its operating revenue by 17%, but shares fell after its forward guidance underwhelmed compared to other airlines' outlooks.  ( 17 min )

The Dow rose, but the S&P 500 slipped 0.7% on Thursday, July 20, 2023, while the Nasdaq tumbled almost 2% after the latest round of corporate earnings reports.  ( 17 min )

Learn about the types of bonds you should consider investing in, when you should be buying them and how to compare yields against their time to maturity.  ( 23 min )

Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 16 min )

Shares of Equifax plunged as the credit rating service slashed its full-year sales and profit outlook, blaming a weak mortgage market.  ( 16 min )

A stretch loan is a form of financing for an individual or a business that's intended to cover a short-term gap in the borrower's income. It can be convenient but also costly.  ( 21 min )

Economics professor Linda M. Hooks shares critical advice for would-be borrowers contemplating taking out a personal loan.  ( 23 min )

Blackstone reaches $1 trillion asset milestone, but weak real estate, credit, dealmaking markets push profit distributions down 40%  ( 17 min )

Remote work opportunities have expanded significantly since the COVID-19 pandemic. Here are just 24 of the regions offering programs for aspiring digital nomads.  ( 34 min )

Personal loans may be used for almost any purpose and are sometimes a good option, but they can be expensive, and there are often better alternatives.  ( 22 min )

Depreciation recapture is the gain realized by the sale of depreciable capital property that must be reported as ordinary income for tax purposes.  ( 23 min )

There is no need for a wallet or phone and Prime members can link their Amazon One profile to their account to receive savings and rewards at more than 500 Whole Foods stores.  ( 17 min )

The Paycheck Protection Program (PPP) was a federal program that paid out $790.9 billion in small-business loans during the COVID-19 pandemic.  ( 21 min )

Learn how to calculate the real yield of an inflation-adjusted bond, such as U.S. Treasury inflation-protected securities (TIPS).  ( 21 min )

A business plan is a document that explains what a company’s objectives are, and how it will achieve them. It can address marketing, financial and operational objectives.  ( 22 min )

How to read and interpret a company's environmental, social, governance (ESG) scores and where to find them.  ( 28 min )

A swingline loan is a type of loan that gives borrowers access to a large amount of cash for a short period of time. It can also be used as a line of revolving credit to draw on as needed.  ( 20 min )

Discover the major expenses that airlines must pay. The two largest are labor costs and fuel costs, with fuel costs being the largest short-term factor for airlines.  ( 19 min )

The Fed held interest rates steady at 5.00%-5.25% at its June meeting, pausing after 10 consecutive rate hikes. Experts expect two more small increases before the year is out, including a possible one at the Fed's July 25-26 meeting.  ( 24 min )

An investment portfolio is a term that refers to all of your investments. Here's what to focus on if you're building a portfolio specifically for retirement.  ( 26 min )

Learn how personal loan interest rates work, how rate types differ, and what the average interest rate is on a typical personal loan.  ( 26 min )

YouTube Premium, the site’s ad-free platform offering access to original YouTube production content, just got $2 more expensive.  ( 17 min )

Customers at early adopting institutions will be able to send payments almost instantly with the new service.  ( 17 min )

Short-term bonds typically yield higher interest rates than money market funds, so the potential to earn more income over time is greater.  ( 21 min )

A Regional Check Processing Center (RCPC) is a local Federal Reserve facility where checks that are drawn on depository institutions are processed overnight.  ( 21 min )

The Dow Jones Industrial Average (DJIA) reached its all-time high on Jan. 5, 2022, when it hit 36,952.65 points.  ( 24 min )

The top institutional Yelp shareholders are BlackRock, Vanguard, State Street, and Dimensional Fund Advisors LP. All offer investment management solutions for investors.  ( 21 min )

U.S. equites were mixed at midday on July 20, 2023 as weak earnings news, especially in the tech sector, held back gains.  ( 16 min )

IBM shares gained after the technology giant beat earnings estimates as productivity rose following layoffs and emphasized client demand for its AI products.  ( 16 min )

Shares of Johnson & Johnson advanced as the pharmaceutical and medical products firm posted better-than-expected results and raised its guidance on higher demand for its medtech products.  ( 16 min )

Discover Financial Services (DFS) stock fell as much 15% in trading on Thursday after it disclosed regulatory issues involving the misclassification of its credit cards in its second quarter earnings report.  ( 17 min )

The American Customer Satisfaction Index (ACSI) is an economic indicator based on a survey of U.S. consumers about products and services they use.  ( 22 min )

Mortgage rates are back on the rise, with averages up for most loan types. Rates on 30-year mortgages have been yo-yoing since hitting a 20-year high almost two weeks ago.  ( 20 min )

TSMC shares slid after reporting a drop in profit for the first time in four years, amid a decline in demand for electronics.  ( 18 min )

Find out how lending cash to family or friends can put a strain on your relationship and your bank account. Learn how to make family loans safely.  ( 22 min )

Real estate investment trusts (REITs) own, operate, or finance income-producing properties.  ( 23 min )

Taking out a personal loan can affect your credit score in a number of ways⁠—both good and bad. Repaying it in a timely manner is key to a healthy score.  ( 23 min )

The application process takes a great deal of time and effort, but for those with good credit, personal loans can be an excellent source of funding.  ( 24 min )

Personal loans are a type of funding that usually includes a fixed interest rate, which is typically lower than what’s offered by most credit cards.  ( 24 min )

Learn about this type of Roth conversion from a 401(k) and how it is a tax-free strategy  ( 23 min )

Netflix shares fell in extended trading after reporting modest earnings and revenue growth as subscribers surged amid the company's crackdown on password sharing and the continued rollout of its new lower-priced subscription tier.  ( 18 min )

Elon Musk remained committed to Tesla price cuts despite hurting the company's profitability, suggesting sales volumes would make up for the margin pain in the long run.  ( 17 min )

Tesla shares fell after reporting revenue that beat expectations but lower profit margins thanks to price cuts, and Netflix shares tumbled after it missed on revenue projections despite strong subscriber growth. Here’s what investors need to know today.  ( 19 min )

CDOs are structured debt instruments and when comprised of mortgages are known as mortgage-backed securities (MBS).  ( 25 min )

President Joe Biden suggested a plan to cancel between $10,000 and $20,000 of student debt for eligible borrowers. Here's how that could impact people in the U.S.  ( 23 min )

An SBA microloan provides funding for small businesses that want to invest in their growth. Learn about an SBA microloan’s features, requirements, and how to apply.  ( 22 min )

Winsorized mean is an averaging method that involves replacing the smallest and largest values of a data set with the observations closest to them.  ( 24 min )

A modified endowment contract (MEC) describes a life insurance policy that has lost tax benefits because the cash contained exceeds federal tax-law limits.  ( 27 min )

Before purchasing life insurance, it's important to decide if you really need it, what type of policy is best, and how much coverage you should get.  ( 29 min )

Lis pendens is an official notice to the public that a lawsuit has been filed and a property has a claim against it.  ( 21 min )

The diversions and threatened labor action add new peril to a debt-saddled company that is burning cash.  ( 26 min )

Already at a 15-year high, the top savings account rate in the country is now 5.20% APY. Or you can choose from more than a dozen other options that pay 5.00% or more.  ( 21 min )

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Executives of the regional bank say they are zeroing in on its most profitable business lines and moving away from one-off customer relationships that don't generate as much revenue.  ( 9 min )

The U.S. Securities and Exchange Commission said on Thursday that Digital World Acquisition Corporation, a special purpose acquisition company that plans to merge with the parent company of Donald Trump's Truth Social platform, settled charges that it made "material misrepresentations" to investors. DWAC, which was found to have violated antifraud provisions of federal securities laws, agreed to a cease-and-desist order and to pay an $18 million penalty in the event it closes a merger transaction, the SEC said. The SEC said DWAC misled investors by failing to disclose in filings that it had formulated a plan to acquire Trump Media & Technology Group Corp and was pursuing the acquisition before DWAC's IPO.  ( 7 min )

For months, investors have been trying to forecast the direction of real estate investment trusts (REITs), analyzing various economic forces of inflation, interest rate hikes and the looming possibility of a recession within the next year or two. This week marks the release of second-quarter 2023 earnings for several bellwether REITs spanning different real estate subsectors, and so far, it's been a mixed bag of results. Investors scrutinize year-over-year changes in earnings — or funds from ope  ( 10 min )

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See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

CD rates are still climbing and setting records in almost every term, according to July's new national rate averages from the FDIC. But how long can the good times last?  ( 20 min )

American Airlines improved its operating revenue by 17%, but shares fell after its forward guidance underwhelmed compared to other airlines' outlooks.  ( 18 min )

Some regional banks attracted more deposits but paid more for them, eating into a key measure of profitability  ( 8 min )

Short covering, a busted pair trade, and possible index rebalancing might be behind the move.  ( 26 min )

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Tesla Inc. CEO Elon Musk appears to be involved in a secretive project constructing an all-glass home near the company's Austin-area Gigafactory, as reported by The Wall Street Journal. Dubbed Project 42 by Tesla employees, this initiative has been shrouded in mystery over the past year. The Wall Street Journal sources claim that Tesla's board launched an investigation into concerns that Musk might be using company funds to build his glass house. The project is said to involve the purchase of mi  ( 9 min )

Trainer warned that Tesla would have to earn twice the annual profit of Apple by 2032 to justify its current valuation.  ( 10 min )

Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 17 min )

Shares in Elon Musk's EV maker could hit $350, analyst Dan Ives wrote in a new research note following its second-quarter results.  ( 7 min )

The German software giant continues to show strong cloud growth, and sees AI doubling the size of its addressable market.  ( 26 min )

Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said.  ( 7 min )

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(Bloomberg) -- Newmont Corp. posted its worst day in 12 months after the world’s biggest gold producer reported earnings that missed analyst estimates following a series of operational setbacks.Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomWhat a UPS  ( 7 min )

The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season and a fresh batch of results started to roll in.  ( 7 min )

Tesla stock dropped Thursday after the company suggested production in the current quarter will dip, though CEO Elon Musk told investors on the earnings call this change is "minor" compared to the long-term outlook for the automaker.  ( 8 min )

(Bloomberg) -- The Federal Reserve’s widely expected increase in interest rates next week may prove to be the last in its current credit-tightening campaign, former Chair Ben Bernanke said.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIWhat a UPS Strike Would Mean For Consumers, Businesses and the EconomyBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesSelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’  ( 6 min )

Tesla CEO Elon Musk said he loves his loyal fanbase of retail investors, and warned that American consumers are falling behind on their monthly bills.  ( 7 min )

An investment portfolio is a term that refers to all of your investments. Here's what to focus on if you're building a portfolio specifically for retirement.  ( 26 min )

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A Florida venture capitalist, his brother and an employee accused of insider trading before a blank check company's proposed merger with former U.S. President Donald Trump's social media company pleaded not guilty in a New York court on Thursday. Michael and Gerald Shvartsman, and Bruce Garelick were charged last month with trading illegally in Digital World Acquisition Corp, a special purpose acquisition company, before it announced its plan to combine with Trump Media & Technology Group in late 2021. Neither Trump nor his company, which operates the Truth Social app, was accused of wrongdoing in the case.  ( 7 min )

A U.S. appeals court on Thursday said Papa John's International cannot force a Louisville, Kentucky, pizza delivery driver to arbitrate a claim that he was underpaid by invoking an arbitration agreement he said he never saw. In a 3-0 decision, the 6th U.S. Circuit Court of Appeals in Cincinnati said a trial judge erred in dismissing Andrew Bazemore's claim that the pizza chain violated federal labor law by not reimbursing him enough for costs to operate his vehicle. Circuit Judge Raymond Kethledge found "no reason whatever" to prevent reasonable jurors in the proposed class action from believing Bazemore's sworn statement that he never seen any agreement to arbitrate.  ( 7 min )

(Bloomberg) -- SAP SE shares fell in New York after second-quarter sales in its cloud unit missed analyst estimates. Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomWhat a UPS Strike Would Mean for Consumers, Businesses and the EconomySales in constant  ( 7 min )

Tesla CEO Elon Musk says the company is using a large amount of Nvidia hardware to power its AI tools.  ( 8 min )

The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season and a fresh batch of results started to roll in.  ( 7 min )

House prices will not rebound after the slump because interest rates will still be higher than they have been for the last decade, economists have warned.  ( 20 min )

Microsoft’s stock surged to an all-time high Tuesday after the company announced it would offer a $30-per-month subscription for a suite of A.I.-powered Office products.  ( 8 min )

On its earnings call Wednesday, the company highlighted the opportunity for Watson X, its new platform for enterprise AI applications.  ( 26 min )

Two analysts raised their price targets on the stock, seeing improving performance for the Azure cloud business and big promise in AI.  ( 26 min )

A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard.  ( 25 min )

Nvidia and its CEO, Jensen Huang, came up on Tesla's earnings conference call.  ( 26 min )

(Bloomberg) -- Kenvue Inc., the consumer-focused spinoff of Johnson & Johnson that owns brands such as Band-Aid and Tylenol, fell on Thursday after J&J said it’s preparing to launch an exchange offer for its majority stake. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Sinks as Musk Warns of More Blows to ProfitabilityMu  ( 8 min )

The world's largest contract chip maker reported a 23% fall in second-quarter profit as it grapples with a slump in demand for electronic devices.  ( 26 min )

Four insurers have reduced their exposure in the state following series of disasters.  ( 6 min )

The carrier's earnings are good, but not quite good enough after the high bar set by rivals Delta and United.  ( 26 min )

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It turns out there’s more to chip stocks than just AI. The world’s biggest contract chip maker had a disappointing update for investors, and semiconductor stocks are selling off. Taiwan Semicond  ( 22 min )

Unprecedented temperatures are a common theme this summer, making it very possible this year will be the hottest year ever recorded on Earth. Meanwhile, as the scorching heat bears down on many corners of the globe, investors are enjoying an extended moment in the sun. The markets have been on a consistent upward trend, evoking memories of the euphoric days during the pandemic when gains seemed to come free and easy. In fact, billionaire Seth Klarman suggests that the so-called pandemic bubble m  ( 10 min )

FedNow lets consumers and businesses pay for everything from groceries to suppliers instantly.  ( 8 min )

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IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with PublicSq. to discuss the company’s merger with Colombier Acquisition Corp. (NYSE: CLBR), its growth story and business model along […]  ( 8 min )

Another round of regional banks are out with second-quarter earnings results. Fifth Third (FITB) said deposits rose around 1% from the previous quarter and 2% from a year earlier. KeyCorp [(KEY)](http  ( 22 min )

Tesla stock (TSLA) dropped 4% Thursday morning after the electric vehicle maker reported a revenue and earnings beat, but margins that came in below expectations.  ( 8 min )

The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season, as a fresh batch of results started to roll in.  ( 7 min )

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Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.  ( 9 min )

Saving for retirement is one of the most important parts of securing your financial future. While programs like Social Security can help, they often aren't enough on their own. This is why it is crucial to have retirement savings of … Continue reading → The post How Long Will $800,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )

Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 10 min )

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Investors are always delighted when a stock in their portfolio announces a dividend increase. For income investors, it means a monthly or quarterly raise. For investors more concerned with growth, dividend hikes often mean more than just a rise in income. Dividend increases can portend an increase in future earnings as well because the earnings need to cover the dividends being paid to shareholders. As earnings increase, share price appreciation often follows. Most real estate investment trusts  ( 9 min )

A South Florida jury awarded $800,000 in damages to a little girl who received second-degree burns when a hot Chicken McNugget fell on her leg as her mother pulled away from the drive-thru of a McDonald's restaurant. Lawyers for the family of Olivia Caraballo, who was 4 when she was burned in 2019, were seeking $15 million in damages. Jurors reached their verdict after deliberating for less than two hours on Wednesday, the South Florida SunSentinel reported.  ( 8 min )

American Airlines beats earnings expectations, posts record revenue in the second quarter, and follows Delta Air Lines and United Airlines in hiking its full-year profit guidance.  ( 26 min )

The strike in Hollywood is raising concerns about the streaming service's content.  ( 26 min )

The euro has recently experienced a modest rally, surpassing the 1.1250 level. However, signs of hesitation in its upward trajectory have emerged.  ( 8 min )

The company reports better-than-expected numbers, but ongoing litigation remains a concern for investors.  ( 26 min )

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Baby boomers and Gen Xers aren't going anywhere—they'll make up more than 25% of the workforce by the end of the decade.  ( 8 min )

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Blackstone Inc said on Thursday its second-quarter distributable earnings slumped nearly 40%, owing to a sharp drop in asset sales mostly from its real estate and credit businesses. Blackstone said its net profit from asset sales plunged 82% to $388.4 million from $2.2 billion in the year-ago period, as higher interest rates, sticky inflation, and economic uncertainty have continued to weigh on its merger-and-acquisition activity. A major share of the reduced asset disposals came from Blackstone's real estate unit, where its net profit sank 94%, while that of its credit division dropped 46%.  ( 7 min )

Travelers Companies Inc on Thursday reported a 98% fall in quarterly profit, as severe wind and hail storms in parts of the United States pushed up its catastrophe losses. Core income of the New York-based company, often seen as a bellwether for the insurance sector as it typically reports before industry peers, fell to $15 million, or $0.06 per share, in the second quarter ended June 30, from $625 million, or $2.57 per share, a year earlier. Severe storms in parts of the United States caused the insurer's catastrophe losses net of reinsurance to jump to $1.48 billion from $746 million a year earlier.  ( 7 min )

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Banks have begun to raise their buffers for credit-loss provisions in the event customers, facing the brunt of high interest rates, are unable to pay back debt on their credit cards or miss loan repayments. "We prudently increased our provision and allowance amid the uncertain economic backdrop," Truist CEO Bill Rogers said in a statement. The bank set aside $538 million in provisions for credit losses in the quarter ended June 30, compared with $171 million a year earlier.  ( 7 min )

The company reports better-than-expected earnings, but talc worries and legal risks remain top of mind for investors.  ( 26 min )

The company incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier, beginning around mid-2007, Discover said after markets closed on Wednesday. It has also received a proposed consent order from the Federal Deposit Insurance Corporation (FDIC) in connection with consumer compliance that does not include the card product classification matter. However, Discover said it has determined that the revenue impact of the incorrect card product classification was not material to its consolidated financial statements for any of the affected periods.  ( 7 min )

This year has taught the brokerage the downsides of being a bank when interest rates shoot higher.  ( 27 min )

Wall Street shows mixed emotions on Tesla's mixed second quarter.  ( 9 min )

(Bloomberg) -- Tesla Inc. fell in late trading after profitability shrank in the second quarter, and the carmaker warned hits to margins are likely to keep coming.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Ol  ( 8 min )

The world's largest contract chip maker reported a 23% fall in second-quarter profit as it grapples with a slump in demand for electronic devices.  ( 26 min )

Taiwanese chipmaker TSMC posted a 23.3% fall in second-quarter net profit on Thursday as global economic woes dented demand for chips used in applications as varied as cars, cellphones and servers and coming off a strong period last year. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, saw April-June net profit drop to T$181.8 billion ($5.85 billion) from T$237.0 billion a year earlier. That compared with the T$172.55 billion average of 21 analyst estimates compiled by Refinitiv.  ( 7 min )

We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.  ( 7 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. posted a smaller than expected profit decline, after the global AI development boom outweighed a persistent slump in smartphone demand.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Investor Rode a 14,800%  ( 8 min )

Despite their woeful underperformance this year, income-oriented investors should still consider including dividend-paying stocks or funds in their portfolios.  ( 26 min )

Finnish telecom gear group Nokia on Thursday reported a drop in second-quarter profit due to a drop in margin as growth in sales of 5G gear in markets such as India failed to offset slowing demand in North America. Comparable operating profit fell to 626 million euros ($702.37 million) from 714 million euros last year. Nokia and rival Ericsson have been hit by slowing orders from customers, mostly in their high-margin North American markets.  ( 6 min )

(Bloomberg) -- China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years of crackdowns and pandemic controls have had on confidence in the world’s second-largest economy. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14,800% Gain Thanks to 27  ( 10 min )

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(Bloomberg) -- Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a record $1.6 billion. Once a jewel in the developer’s crown, creditors are still trying to sell the building almost a year after seizing it. Most Read from BloombergA $500 Billion Corporate-Debt Storm Builds Over Global EconomyApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14  ( 9 min )

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The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow's mayor as showing the resilience of Russia's auto industry to Western sanctions. "This is a historic event," Sergei Sobyanin said as the Moskvich was unveiled at a factory the Moscow government took from French carmaker Renault last year for just one rouble ($0.01).  ( 10 min )

Recent months have made it clear that the Biden Administration’s embrace of the ‘Green Economy,’ and especially the clean energy sector, is far more than just skin deep. The administration, from the Inflation Reduction Act signed last August to more recent multi-billion-dollar funding initiatives, has been going all-in on clean energy. The Biden White House has been promoting electric vehicles, pushing for solar and wind-powered energy production, and implementing tax and regulatory incentives t  ( 10 min )

The U.S. housing market firmed up this year. One reason being that buyers jumped in assuming they'll be able to refinance to a lower rate in the near future.  ( 11 min )

Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 1 min )

TSMC shares slid after reporting a drop in profit for the first time in four years, amid a decline in demand for electronics.  ( 1 min )

Elon Musk remained committed to Tesla price cuts despite hurting the company's profitability, suggesting sales volumes would make up for the margin pain in the long run.  ( 1 min )

Netflix shares fell in extended trading after reporting modest earnings and revenue growth as subscribers surged amid the company's crackdown on password sharing and the continued rollout of its new lower-priced subscription tier.  ( 1 min )

U.S. equites were mixed at midday on July 20, 2023 as weak earnings news, especially in the tech sector, held back gains.  ( 1 min )

Tesla shares fell after reporting revenue that beat expectations but lower profit margins thanks to price cuts, and Netflix shares tumbled after it missed on revenue projections despite strong subscriber growth. Here’s what investors need to know today.  ( 1 min )

Het aantal werklozen kwam eind juni uit op 353.000. Daarmee zit 3,5 procent van de beroepsbevolking thuis zonder baan. Dat is net zoveel als een maand eerder, meldt statistiekbureau CBS donderdag.  ( 3 min )

Ervaren Indonesische verpleegkundigen worden onder valse voorwendselen naar Nederland gehaald om hier de zorg te verlichten. Ze moeten veel meer werken dan afgesproken en worden niet opgeleid zoals beloofd, blijkt uit onderzoek van NU.nl. De arbeidsinspectie en de IND hebben zich nu ook op de zaak gestort.  ( 8 min )

De Turkse centrale bank schroeft zijn rentetarief opnieuw op, van 15 naar 17,5 procent. Daarmee hopen de Turkse autoriteiten de gierende inflatie in het land onder controle te houden.  ( 3 min )

Tata Steel twijfelt over de manier waarop het bedrijf 'groen staal' gaat maken. Zelfs een volledig afscheid van het plan om klimaatvriendelijk staal te maken met groene waterstof ligt op tafel, blijkt uit interne notulen die in handen van NU.nl zijn.  ( 8 min )

Volvo wil steeds meer elektrische auto's verkopen, maar de focus op elektrisch is niet direct goed voor de winstcijfers. In het tweede kwartaal maakte de autofabrikant 3,5 miljard kronen (300 miljoen euro) winst, 60 procent minder dan vorig jaar.  ( 3 min )

De Rotterdamse haven heeft last van de hoge inflatie en de wereldwijd afzwakkende economie. De overslag daalde in de eerste zes maanden van dit jaar dan ook met 5,5 procent.  ( 3 min )

Ook Apple werkt aan een eigen chatbot met kunstmatige intelligentie, meldt Bloomberg. Maar deze 'AppleGPT', zoals hij door ingewijden wordt genoemd, is voorlopig nog niet klaar voor het grote publiek.  ( 3 min )

Netflix heeft de afgelopen maanden miljoenen nieuwe abonnees verwelkomd. Dat komt deels doordat de streamingdienst het onderling delen van accounts met vrienden en familie aan banden heeft gelegd. Daardoor hebben meer mensen een eigen abonnement genomen.  ( 3 min )

De Autoriteit Consument & Markt heeft twee producenten van verkeersborden een boete opgelegd vanwege verboden prijsafspraken.  ( 4 min )

Netflix heeft de afgelopen maanden miljoenen nieuwe abonnees verwelkomd. Dat komt deels doordat de streamingdienst het onderling delen van accounts met vrienden en familie aan banden heeft gelegd. Daardoor hebben meer mensen een eigen abonnement genomen.  ( 3 min )

Tesla beleeft een zeer succesvol jaar. Er werden in het afgelopen kwartaal veel meer auto's verkocht en daardoor steeg de omzet van de autofabrikant met bijna 50 procent tot omgerekend 22,2 miljard euro. Dat leverde ook meer winst op.  ( 3 min )

Een huishouden met een gemiddeld energieverbruik betaalde in juni 2.320 euro per jaar aan energie. Dat betekent een stijging van 37 procent (630 euro) ten opzichte van dezelfde periode vorig jaar.  ( 3 min )

Action heeft in de eerste zes maanden van dit jaar opnieuw een forse groei doorgemaakt. De discounter opende nog eens negentig winkels in elf verschillende landen. Het aantal vestigingen komt daarmee uit op 2.353.  ( 3 min )

Een huishouden met een gemiddeld energieverbruik betaalde in juni 2.320 euro per jaar aan energie. Dat betekent een stijging van 37 procent (630 euro) ten opzichte van dezelfde periode vorig jaar.  ( 3 min )

Bedrijven hebben in mei 6,9 procent meer geïnvesteerd dan in dezelfde maand vorig jaar. Dat komt vooral doordat ze meer geld hebben gestoken in gebouwen, personenauto's en vliegtuigen.  ( 2 min )

Consumenten waren in juli net zo negatief over de economie als de maand ervoor. Daarmee zijn ze al vier jaar onafgebroken pessimistisch.  ( 3 min )

A policy loan is issued by an insurance company and uses the cash value of a life insurance policy as collateral. Learn how policy loans work and about their risks.  ( 21 min )

Explore the world of investment banking and discover the various functions investment bankers serve, such as handling IPOs and mergers and acquisitions.  ( 18 min )

Funds from operations (FFO) and adjusted funds from operations (AFFO) are superior predictors of REIT performance. Find out how to use FFO and AFFO to value REITs.  ( 25 min )

Financial professionals use a wide variety of quantitative and qualitative techniques to understand inventory in their investing analyses.  ( 19 min )

Extended normal costing tracks production costs with an estimate for overhead costs rather than actual expenditures.  ( 19 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

The S&P 500 rose 0.2% on Wednesday, July 19, 2023 as the market rally continued to be fueled by solid earnings reports.  ( 18 min )

Elevance Health shares gained after reporting results that beat forecasts and raising its 2023 guidance as medical insurance premiums rose and payouts were less than anticipated.  ( 16 min )

Halliburton shares slumped after warning that lower oil and gas prices will reduce drilling in the second half of 2023.  ( 16 min )

Learn about Porter's 5 Forces and SWOT analysis, tools companies use to analyze the competition, make strategic decisions, and boost profitability.  ( 22 min )

The agency said it will help states target anticompetitive behaviors that hike prices in food, retail, and meat and poultry processing.  ( 17 min )

Deciding between a tax-deferred and a tax-exempt retirement account—or having both—comes down to understanding when the tax benefit kicks in.  ( 27 min )

Netflix scrapped its cheapest ad-free subscription plan in the U.S. and U.K. in an effort to boost revenue and draw more users to its ad-supported plan released last year.  ( 17 min )

Learn about Vanguard Admiral Shares—a separate class of shares for mutual funds—with lower fees and a higher required initial investment.  ( 19 min )

A bank endorsement is a guarantee or assurance made by a bank that a negotiable instrument, such as a banker's acceptance or a letter of credit, will be honored.  ( 20 min )

Is it possible to have more than one personal loan at once? Yes, it is. However, the number of personal loans you can have at once is limited by your lender.  ( 23 min )

A check hold is the number of days that a bank can legally hold the money from a deposited check. A hold can happen for various reasons and different periods of time.  ( 21 min )

For single-family homes, starts in June were 7.0% lower than in May, ending the month at an annual rate of 935,000.  ( 17 min )

The bond market consists of a great number of issuers and types of securities. Explore basic rules of the bond market.  ( 27 min )

Research and development (R&D) is a term to describe the effort a company devotes to the innovation, and improvement of its products and processes.  ( 25 min )

You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )

SALT loans allow borrowers to maintain ownership of their blockchain assets, while also gaining access to cash via a loan.  ( 24 min )

"The Great Wealth Transfer" will pass on trillions of dollars in inheritance to Americans over the next decade, however, a new survey shows that just 42% them feel confident about their money managing abilities.  ( 17 min )

What are the safest industries for long-term investment and why?  ( 19 min )

Unlimited bond purchase programs involve open-ended commitments by central banks to purchase distressed government debt.  ( 21 min )

Contingent convertibles (CoCos) are debt securities that can be converted into a company's common stock. They offer high returns but come with high risk.  ( 28 min )

Tesla filed plans to expand its German gigafactory into the largest car plant in Europe.  ( 16 min )

The rally in U.S. equities continued at midday on July 19, 2023, buoyed by more strong earnings reports.  ( 16 min )

An SBA 504 loan is a common loan backed by the U.S. Small Business Administration for people who want to purchase and build assets to grow their business.  ( 24 min )

Mergers and acquisitions could be evaluated under a tougher antitrust lens as Department of Justice and Federal Trade Commission propose new rules.  ( 18 min )

The consequences for failing to manage your personal loan properly can be severe. Fortunately, there are a few simple things you can do to stay on top of your debt.  ( 20 min )

If you owe money to the IRS, you have a couple different options to help with repayment. Either an IRS payment plan or taking out a personal loan could work, depending on your financial situation.  ( 22 min )

Carvana shares soared after the online used car retailer restructured its debt and reported record-setting quarterly EBITDA and gross profit per unit.  ( 17 min )

When you apply for a personal loan, you're usually asked what the funding's purpose is. The reason why you're borrowing could impact the terms you're offered on your loan.  ( 21 min )

How traders use the Commodity Channel Index (CCI) to evaluate buy and sell signals based on price trends over various timeframes.  ( 23 min )

Goldman Sachs net earnings plunged 58% as it wrote-off goodwill for its GreenSky consumer lending platform and marked down real estate investments all while investment bank dealmaking—a big source of its fee revenue—slowed down.  ( 17 min )

ElectraMeccanica (SOLO) is a designer and manufacturer of three-wheeled electric vehicles but has suffered technical issues resulting in the repurchase of most of its cars sold.  ( 19 min )

Activision Blizzard and Microsoft have extended their acquisition deadline to October after regulatory delays pushed the past the limits of the original agreement.  ( 18 min )

Accurate real estate valuation is important to mortgage lenders, investors, insurers, and buyers and sellers of real property.  ( 24 min )

HSBC's agreement to pay a $1.9 billion fine and enter into a deferred prosecution agreement points to a lack of control processes in compliance and anti-money laundering.  ( 22 min )

Rates on 30-year mortgages dropped again, erasing most of a two-day climb. Averages were down for almost every loan type, though some jumbo rates remained steady.  ( 20 min )

Core retail sales is an economic indicator of the strength of retail in the U.S. It excludes certain highly volatile categories such as gasoline.  ( 21 min )

Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )

Tencent started out as a messaging service provider for PC users but has grown to become one of China's largest technology companies, bringing in most of its revenue from social media networks and games,  ( 21 min )

Goldman Sachs leads another day of bank earnings and housing starts are expected to have pulled back in June after a jump in May. Here’s what investors need to know today.  ( 19 min )

Don't let these errors in judgment affect your good credit for the rest of your life.  ( 24 min )

Qualcomm chips will support Meta's Llama 2 Large Language Model (LLM), in a move that will bring LLMs—that typically need data centers to run because of computational requirements—to smartphones and PCs starting 2024.  ( 17 min )

Understand how real estate is legally different from real property and the implications of that difference for each property owner.  ( 18 min )

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(Bloomberg) -- Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the electric carmaker plans to invest more than $1 billion on its so-called Project Dojo by the end of 2024. Most Read from BloombergA $500 Billion Corporate-Debt Storm Builds Over Global EconomyApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old Analyst  ( 7 min )

(Bloomberg) -- Discover Financial Services slumped in late trading after the lender disclosed that it was in discussions with regulators over how it misclassified some of its credit cards. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomIn London, New York and Paris, a Giant Office Bet Is Going WrongMusk Says Tesla to Spend Over  ( 8 min )

FTC Chair Lina Khan said the agency is looking into whether roll-up strategies, often used by private equity firms, violate antitrust laws.  ( 6 min )

Shares in Discover Financial Services tumbled more than 13% in after-hours trading on Wednesday after its quarterly earnings fell short of expectations and it announced a share repurchase pause as it investigates incorrect classification of credit card accounts from around mid-2007. Discover, a U.S. provider of digital banking and payment services, last traded at $105.63 after closing the regular session up 15 cents at $121.85. The company said it decided to pause share repurchases during its internal review.  ( 7 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

Recent results highlight difficulties at the country’s most famous financial institution  ( 8 min )

Disney World may be "the happiest place on Earth," but Disney shares have taken investors on a disappointing roller-coaster ride in the past year—leading many to jump off.  ( 26 min )

Enterprise software provider IBM's second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by tepid spending from businesses. IT majors such as Accenture and India's Tata Consultancy Services have also flagged demand weakness, with the former missing market estimates for quarterly revenue last month after its North America revenue grew at its slowest rate in about three years. Revenue growth in the U.S. and Western Europe was "muted" as the company wrapped up the cycle for its mainframe computers it launched last year, Chief Financial Officer James Kavanaugh said in an interview.  ( 7 min )

The online auto retailer reports its best ever quarter for profit, and announces an agreement to cut its debt.  ( 26 min )

HOUSTON (AP) — Crown Castle International Corp. (CCI) on Wednesday reported a key measure of profitability in its second quarter. The results surpassed Wall Street expectations. The Houston-based real estate investment trust said it had funds from operations of $891 million, or $2.05 per share, in the period.  ( 7 min )

BofA Global Research analyst Wamsi Mohan says the debut of the iPhone 15 could be delayed until the December quarter.  ( 26 min )

Tesla reported Q2 results after the bell on Wednesday.  ( 8 min )

Tesla reported Q1 results after the bell on Wednesday.  ( 8 min )

Solid results in software and services were partially offset by softer mainframe sales.  ( 26 min )

Enterprise software provider IBM's second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by tepid spending from businesses. IT service providers have warned of further pain as companies striving to cut costs in the face of rising inflation cut tech budgets, hurting the industry that saw rapid growth during the COVID-19 pandemic when businesses rushed to adopt hybrid work. IT majors such as Accenture and India's Tata Consultancy Services have also flagged demand weakness, with the former missing market estimates for quarterly revenue last month after its North America revenue grew at its slowest rate in about three years.  ( 7 min )

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Netflix reported earnings after the bell on Wednesday. Here's what to know.  ( 8 min )

Microsoft's Copilot pricing has analysts across Wall Street boosting their projections for the stocks performance over the next 12 months.  ( 8 min )

Workers and management at Lincoln Electric have agreed to an unusual arrangement that includes some major tradeoffs for a major benefit: no layoffs.  ( 15 min )

The housing market has grown exponentially since the COVID-19 pandemic, with owner-occupied housing wealth rising to $9 trillion from the first quarter of 2020 to the first quarter of 2022, according to the Federal Reserve. The rising demand, resulting from ultra-low interest rates and limited supply, played a crucial role in bolstering the housing market. Despite the Fed's contradictory hawkish stance resulting in sky-high mortgage rates, housing demand has continued to grow. Average home price  ( 8 min )

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JPMorgan Chase recently reported second-quarter results, with both revenue and earnings exceeding Wall Street's expectations. But CEO Jamie Dimon is erring on the side of caution. "There are still salient risks in the immediate view," he said in the earnings press release. "Consumers are slowly using up their cash buffers, core inflation has been stubbornly high — increasing the risk that interest rates go higher and stay higher for longer — quantitative tightening of this scale has never occurr  ( 9 min )

Oil field service companies shares are beating those of their customers  ( 25 min )

Tech giants will offer investors insight into everything from AI to VR/AR headsets during second quarter earnings season.  ( 9 min )

Susquehannah analyst Christopher Rolland reaffirmed a Neutral rating on the stock, raising his target for the price to $35 from $32.  ( 26 min )

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Netflix quietly removed its lowest-priced ad-free tier in the US just ahead of its quarterly earnings results on Wednesday.  ( 7 min )

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Disney World may be "the happiest place on Earth," but Disney shares have taken investors on a disappointing rollercoaster ride in the past year—leading many to jump off.  ( 26 min )

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With the EV king, Tesla Inc (NASDAQ: TSLA) scheduled to report its quarterly performance after market close, General Motors (NYSE: GM) is facing battery supply challenges and Ford Motor (NYSE: F) has dramatically cut prices for its F-150 Lighting pickup in response to weakened demand. Upon Ford’s news on Monday, Ford shares dropped 5.9%, GM followed with 3.1 % and Rivian (NASDAQ: RIVN) with a 3.3% drop, while Tesla shares rose 3.2% as its Cybertruck went into production. Despite Challenges, GM I  ( 9 min )

Carvana stock has been one of the most painful trades this year for investors betting against the pandemic-era highflier.  ( 7 min )

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Corona is still being seen as a big winner from the pullback in demand for Bud Light.  ( 8 min )

Microsoft and Activision have agreed to extend the deadline to close their $69 billion deal.  ( 8 min )

Truist's Youssef Squali is the latest analyst to boost his expectations ahead of the company's second-quarter earnings report.  ( 26 min )

Nikola won’t need any more shareholders to vote for a share count increase because a Delaware rule change lowers the threshold. The post Nikola clear to increase share count — thanks to Delaware rule change appeared first on FreightWaves.  ( 7 min )

Despite blowout delivery numbers for Q2, new data may be pointing to a demand problem for Tesla.  ( 8 min )

The average retirement account balance fell by 20% compared to 2021, according to Vanguard.  ( 7 min )

J.P. Morgan analyst Samik Chatterjee raised his rating and price target on the stock, which he thinks is too cheap.  ( 26 min )

Tesla is set to report earnings after the closing bell today. Investors will be closely watching the profitability of Elon Musk's electric-vehicle maker. Tesla has had feverish sales growth this year, with new vehicle deliv  ( 22 min )

The results are likely to intensify the scrutiny of CEO David Solomon, who is wrestling with everything from partner unrest to concerns about strategy.  ( 9 min )

These are good times for the markets. Inflation concerns are abating, showing that the Fed’s aggressive efforts to tame it are bearing fruit. At the same time, notes Oppenheimer’s Chief Investment Strategist John Stoltzfus, the strength exhibited by labor, the consumer, and business have contributed to “improved sentiment” in the stock market. While the rally that drove the gains in the first part of the year was led by the Mega Caps, it is now widening to less heralded corners. And that brings  ( 10 min )

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Carvana stock spikes 30% after company announces debt exchange deal, quarterly results  ( 8 min )

Carvana continued its recent rally, pressuring short sellers that had been betting on the company's demise earlier this year before a turnaround that has seen the stock gain more than 700% this year.  ( 8 min )

Stocks were searching for a foothold to extend their rally on Wednesday, as investors got ready for earnings from Goldman Sachs, with Netflix and Tesla due later.  ( 7 min )

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Fixed-income securities play an important role within individual investment portfolios and the economy at large. But like other securities, fixed-income instruments come in a myriad of variations, from short-term Treasury bills that only pay interest when the bill matures, to … Continue reading → The post Treasury Bills vs. Bonds: What's the Difference? appeared first on SmartAsset Blog.  ( 8 min )

There's no shortage of budgeting and spending rules when it comes to personal finance. One says you shouldn't spend more than 30% of your monthly income on housing. Another says to always save 10% of your income. Don't take more … Continue reading → The post Are You Using the Golden Ratio of Finance? appeared first on SmartAsset Blog.  ( 7 min )

If you die owing money on a mortgage, the mortgage remains in force. If you have a co-signer, the co-signer may still be obligated to pay back the loan. A spouse or other family member who inherits a house generally … Continue reading → The post What Happens to Your Mortgage When You Die? appeared first on SmartAsset Blog.  ( 9 min )

I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.  ( 9 min )

Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 9 min )

Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.  ( 9 min )

Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not … Continue reading → The post Where Do Millionaires Keep Their Money? appeared first on SmartAsset Blog.  ( 9 min )

Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.  ( 9 min )

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Rival Verizon also rose by a similar margin, helping the companies rebound from a selloff sparked by a Wall Street Journal report on July 9 that several telecoms giants abandoned a sprawling network of underground toxic lead cables. Several brokerages including J.P. Morgan and Citi had downgraded AT&T after the report, which said the cables may have contaminated neighboring soil and drinking water sources. AT&T said on Tuesday lead-clad cables "represent less than 10% of its copper footprint of roughly two million sheath miles of cable, the overwhelming majority of which remains in active service."  ( 7 min )

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Wall Street is looking for the electric-vehicle maker to report earnings per share of 80 cents, and sales of $24.2 billion for the second quarter. Gross-profit margins deserve a look, too.  ( 26 min )

Carvana shares soar after the online car retailer restructures its debt and announces quarterly results.  ( 8 min )

The telecoms company is looking to calm concerns over its potential liability for contamination, while analysts suggest the reaction that hit its and Verizon's stock was overdone.  ( 26 min )

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The results are likely to intensify the scrutiny of CEO David Solomon, who is wrestling with everything from partner unrest to concerns about strategy.  ( 8 min )

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(Bloomberg) -- Carvana Co. reached a deal with bondholders to reduce debt and extend some maturities as the used-car retailer tries to regain its footing following a disastrous push for growth during the pandemic.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaRags-to-Riches Wealth Fund Veteran Plans to Run for Singapore Preside  ( 7 min )

Carvana shares surged before the market open after the online used-car retailer said it had reached a deal to reduce its interest payments and indebtedness. The troubled Arizona-based company also reported a narrower second-quarter loss than analysts had expected early Wednesday. The stock jump, if  ( 22 min )

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The luxury industry can be fickle, as one of its most influential executives has found out. Shares in French luxury group Kering are up 6% after it announced that Marco Bizzarri, the chief executive of  ( 23 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )

(Bloomberg) -- A trip to the restaurant that sits atop the No. 1 Poultry office block in London’s financial district is a chance to experience firsthand the Tale of Two Cities that’s upending the commercial real-estate market.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMorgan Stanley Moves 200 Tech Experts From China on Data  ( 11 min )

ASML said it expects net sales growth this year of around 30% compared with 2022, compared with previous guidance of more than 25%.  ( 29 min )

Analysts are looking to see the impact of price cuts on the EV maker’s bottom line.  ( 26 min )

The online auto retailer will now report earnings before the market opens Wednesday, having previously set a date of Aug. 3 for its results.  ( 26 min )

Investors have fled healthcare stocks this year, ducking out of a trade that seemed a smart defensive play last year, as market conditions have changed.  ( 31 min )

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Inflation slowed at a faster-than-expected pace in June, amid a big fall in petrol prices and a slowdown in rising food costs.  ( 7 min )

Concerns about lead-sheathed wires have caused shares of the telecom giants to tumble and raised concerns about the safety of their payouts.  ( 26 min )

Dutch semiconductor equipment maker ASML on Wednesday reported second-quarter net profit of 1.9 billion euros ($2.13 billion) on sales of 6.9 billion euros, slightly ahead of analyst expectations. Analysts had seen net profit at 1.82 billion euros on revenues of 6.74 billion euros, according to Refinitiv data. ($1 = 0.8913 euros)  ( 6 min )

Martin Rucker became a Detroit firefighter in hopes of getting a full pension. But the city's bankruptcy left him with financial challenges.  ( 10 min )

Teamsters issued a strike notice at Yellow shortly after the carrier said it would defer two months of required benefits contributions.  ( 7 min )

Microsoft's one-day gain in market value is more than the entire valuation of about 450 S&P 500 companies.  ( 7 min )

HANOI (Reuters) -Vietnamese automaker VinFast said on Wednesday it would start construction of a $4 billion electric vehicle factory in North Carolina next week as part of its push to expand in the United States market. The unit of Vietnam's largest conglomerate Vingroup, which began operations in 2019, announced plans for the U.S. factory last year. "When it begins operations, the factory will be VinFast's primary supplier of electric vehicles to the North American market," said Thuy Le, head of VinFast Auto.  ( 7 min )

In a statement Tuesday evening, Yellow Corp. said it would defer health and pension contributions as planned. The post Yellow says it’s not paying even as potential strike looms appeared first on FreightWaves.  ( 7 min )

The U.S. Federal Reserve will raise its benchmark overnight interest rate by 25 basis points to the 5.25%-5.50% range on July 26, according to all 106 economists polled by Reuters, with a majority still saying that will be the last increase of the current tightening cycle. A resilient economy and historically low unemployment well over a year since the Fed began one of its most aggressive rate hiking campaigns in history has repeatedly confounded analysts and investors. Inflation is falling, with the headline consumer price index (CPI) measure slowing to 3.0% in June from 4.0% in May. That led many observers on Wall Street to conclude inflation might soon be tamed, prompting some to renew bets that rate cuts could happen by as soon as the end of 2023.  ( 7 min )